PPP Loan information for System dynamics, inc.

$251,600

System dynamics, inc. was initially approved for PPP Loan of amount $251,600, the current approved amount is $251,600. The loan was approved on 04/04/2020 by The City State Bank reported 18 jobs and $251,600 was used to fund payroll.

System dynamics, inc. is Existing or more than 2 years old

SYSTEM DYNAMICS, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SYSTEM DYNAMICS, INC.

Borrower Address

925 S.E. Olson Drive

Borrower City

WAUKEE

Borrower State

IA

Borrower Zip

50263-8455

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251600.00

Current Approval Amount

251600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25318

Servicing Lender Name

City State Bank

Servicing Lender Address

801 Main St

Servicing Lender City

NORWALK

Servicing Lender State

IA

Servicing Lender Zip

50211-1322

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEE

Project County Name

DALLAS

Project State

IA

Project Zip

50263-8455

CD

IA-03

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251600.00

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

25318

Originating Lender

City State Bank

Originating Lender City

NORWALK

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253688.62

Forgiveness Date

02/11/2021

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