PPP borrower record

THE SYSTEMS DEPOT INC PPP loan record

Public SBA PPP loan record for THE SYSTEMS DEPOT INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$604,935
Approved amount
$611,220
Forgiven amount
2020-04-11
Date approved

Borrower and loan details

Borrower
THE SYSTEMS DEPOT INC
Loan number
2911997107
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Hickory
Borrower state
North Carolina
Borrower ZIP
28602
Jobs reported
56
Loan status
Exemption 4
Forgiveness date
2021-05-05
Servicing lender
First Horizon Bank
Originating lender
First Horizon Bank

Reported use of proceeds

Payroll
$464,935
Rent
$30,000
Utilities
$20,000
Mortgage interest
$30,000
Health care
$50,000
Debt interest
$10,000

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.