PPP Loan information for Systems plus, inc.

$50,723

Systems plus, inc. was initially approved for PPP Loan of amount $50,723, the current approved amount is $50,723. The loan was approved on 04/14/2020 by The First Horizon Bank reported 4 jobs and $50,723 was used to fund payroll.

Systems plus, inc. is Existing or more than 2 years old

SYSTEMS PLUS, INC.

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SYSTEMS PLUS, INC.

Borrower Address

216 CHARLEMONT AVE

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50722.50

Current Approval Amount

50722.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-0200

CD

TN-01

Jobs Reported

4

NAICS Code

337214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50722.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51321.31

Forgiveness Date

06/28/2021

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