PPP Loan information for Altec security systems inc

$40,479

Altec security systems inc was initially approved for PPP Loan of amount $40,479, the current approved amount is $40,479. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $40,479 was used to fund payroll.

Altec security systems inc is New Business or 2 years or less

ALTEC SECURITY SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALTEC SECURITY SYSTEMS INC

Borrower Address

503 PENN ST

Borrower City

PERTH AMBOY

Borrower State

NJ

Borrower Zip

08861-3320

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40479.00

Current Approval Amount

40479.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PERTH AMBOY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08861-3320

CD

NJ-06

Jobs Reported

3

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40479.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32422.50

Forgiveness Date

09/23/2021

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