Systel, Inc.

$1,040,700 PPP Loan in Sugar Land, Texas

Loan Details

Loan Number
4945037000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,040,700
Current Approval
$1,040,700
Forgiveness Amount
$1,050,818
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Systel, Inc.
Address
1655 Industrial Blvd
State
Texas
ZIP Code
77478-2579
Business Type
Corporation
Industry (NAICS)
Manufacturing (334111)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$21.2M
Rural/Urban
Urban
Congressional District
TX-22

Loan Use Breakdown

Payroll
$780,525
Rent
$156,105
Utilities
$104,070

Lender Information

Servicing Lender
Wallis Bank
Originating Lender
Wallis Bank

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