PPP Loan information for System integration/modeling & simulation, inc.

$870,000

System integration/modeling & simulation, inc. was initially approved for PPP Loan of amount $870,000, the current approved amount is $870,000. The loan was approved on 05/14/2020 by The Citizens Bank of Lafayette reported 67 jobs and $870,000 was used to fund payroll.

System integration/modeling & simulation, inc. is Existing or more than 2 years old

PPP Loan Search / TN / TULLAHOMA / System integration/modeling & simulation, inc.

SYSTEM INTEGRATION/MODELING & SIMULATION, INC.

Date Approved

05/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SYSTEM INTEGRATION/MODELING & SIMULATION, INC.

Borrower Address

400 SW ATLANTIC ST

Borrower City

TULLAHOMA

Borrower State

TN

Borrower Zip

37388-4409

Loan Status Date

06/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

870000.00

Current Approval Amount

870000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67121

Servicing Lender Name

Citizens Bank of Lafayette

Servicing Lender Address

400 Hwy 52 By-Pass West

Servicing Lender City

LAFAYETTE

Servicing Lender State

TN

Servicing Lender Zip

37083-1730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TULLAHOMA

Project County Name

COFFEE

Project State

TN

Project Zip

37388-4409

CD

TN-04

Jobs Reported

67

NAICS Code

519190

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

870000.00

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

67121

Originating Lender

Citizens Bank of Lafayette

Originating Lender City

LAFAYETTE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

878533.15

Forgiveness Date

05/10/2021

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