568SYSTEMS INC (CT) - 2020 PPP Loan Borrower Profile (# 3008128610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 568SYSTEMS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Connecticut.

Loan Detail

Loan Number

3008128610

SBA Office Code

0156

Processing Method

PPS

Curent Loan Amount

$277,375

Date Loan was Approved

Mar 16, 2021

Amount Forgiven

$279,715.59

Date Loan was Forgiven

Jan 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

277,371

Lender

Webster Bank National Association

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

Berlin, CT

Project Location

Berlin, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.