Stout Systems Development, Inc.

$249,560 PPP Loan in Northville, Michigan

Loan Details

Loan Number
5314767310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$249,560
Current Approval
$249,560
Forgiveness Amount
$252,162
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stout Systems Development, Inc.
Address
41820 6 Mile Road Suite 101
ZIP Code
48168
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$224,399
Rent
$8,521
Utilities
$1,490
Health Care
$10,267
Debt Interest
$4,883

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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