PPP Loan information for Systemic formulas, inc.

$506,100

Systemic formulas, inc. was initially approved for PPP Loan of amount $506,100, the current approved amount is $506,100. The loan was approved on 04/27/2020 by The Zions Bank, A Division of reported 50 jobs and $506,100 was used to fund payroll.

Systemic formulas, inc. is Existing or more than 2 years old

PPP Loan Search / UT / Ogden / Systemic formulas, inc.

SYSTEMIC FORMULAS, INC.

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

SYSTEMIC FORMULAS, INC.

Borrower Address

2400 BONNEVILLE TERRACE

Borrower City

Ogden

Borrower State

UT

Borrower Zip

84403

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

506100.00

Current Approval Amount

506100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ogden

Project County Name

WEBER

Project State

UT

Project Zip

84403-0100

CD

UT-01

Jobs Reported

50

NAICS Code

325412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

506100.00

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

Subchapter S Corporation

Originating Lender Location Id

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

509136.60

Forgiveness Date

12/04/2020

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