The Systems Depot INC
$604,935 PPP Loan in Hickory, North Carolina
Loan Details
- Loan Number
- 2911997107
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $604,935
- Current Approval
- $604,935
- Forgiveness Amount
- $611,220
- Forgiveness Date
- May 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Systems Depot INC
- Address
- 1510 Tate Blvd SE
- City
- Hickory
- State
- North Carolina
- ZIP Code
- 28602-4242
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423690)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- $17.2M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $464,935
- Rent
- $30,000
- Utilities
- $20,000
- Health Care
- $50,000
- Mortgage Interest
- $30,000
- Debt Interest
- $10,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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