PPP Loan information for Systel inc

$1,040,700

Systel inc was initially approved for PPP Loan of amount $1,040,700, the current approved amount is $1,040,700. The loan was approved on 01/21/2021 by The Wallis Bank reported 73 jobs and $1,040,700 was used to fund payroll.

Systel inc is Existing or more than 2 years old

PPP Loan Search / TX / Sugar Land / Systel inc

SYSTEL INC

Date Approved

01/21/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

SYSTEL INC

Borrower Address

1655 Industrial Blvd

Borrower City

Sugar Land

Borrower State

TX

Borrower Zip

77478-2579

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1040700.00

Current Approval Amount

1040700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sugar Land

Project County Name

FORT BEND

Project State

TX

Project Zip

77478-2579

CD

TX-22

Jobs Reported

73

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1040695.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1053766.57

Forgiveness Date

04/21/2022

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