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 04/04/2020 by The Wallis Bank reported 81 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

04/04/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

SYSTEL, INC.

Borrower Address

1655 Industrial Blvd

Borrower City

SUGAR LAND

Borrower State

TX

Borrower Zip

77478-2579

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

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

81

NAICS Code

334111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

104070.00

Payroll Proceed

780525.00

Mortgage Interest Proceed

0.00

Rent Proceed

156105.00

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

1050817.92

Forgiveness Date

04/02/2021

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