PPP Loan information for Sysarc, inc

$280,000

Sysarc, inc was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 04/27/2020 by The EagleBank reported 16 jobs and $280,000 was used to fund payroll.

Sysarc, inc is New Business or 2 years or less

SYSARC, INC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SYSARC, INC

Borrower Address

11200 ROCKVILLE PIKE

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1000

CD

MD-08

Jobs Reported

16

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

280000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

282061.11

Forgiveness Date

01/20/2021

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