PPP Loan information for Systems paving inc.

$2,000,000

Systems paving inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The CommerceWest Bank reported 286 jobs and $2,000,000 was used to fund payroll.

Systems paving inc. is Existing or more than 2 years old

SYSTEMS PAVING INC.

Date Approved

02/24/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

SYSTEMS PAVING INC.

Borrower Address

1570 Brookhollow Dr -

Borrower City

Santa Ana

Borrower State

CA

Borrower Zip

92705-5438

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238353

Servicing Lender Name

CommerceWest Bank

Servicing Lender Address

2111 Business Center Dr

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-1019

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Santa Ana

Project County Name

ORANGE

Project State

CA

Project Zip

92705-5438

CD

CA-46

Jobs Reported

286

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

238353

Originating Lender

CommerceWest Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019555.56

Forgiveness Date

02/14/2022

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