As part of the Paycheck Protection Program OPEN SYSTEMS TECHNOLOGIES INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

OPEN SYSTEMS TECHNOLOGIES INC


Loan Amount	$5,939,572
BusinessName	OPEN SYSTEMS TECHNOLOGIES INC
Address	469 7TH AVE
City	New York
State	NY
Zip	10018
NAICSCode	541612
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	306
DateApproved	04/28/2020
Lender	HSBC Bank USA, National Association
CD	NY-12
BusinessName.clean	OPEN SYSTEMS TECHNOLOGIES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

OPEN TRIP
OPEN UP RESOURCES
OPENXCHANGE
OPENARC
OPENDOOR SERVICES