PPP Loan information for Altek business systems inc.

$302,662

Altek business systems inc. was initially approved for PPP Loan of amount $302,662, the current approved amount is $302,662. The loan was approved on 01/25/2021 by The QNB Bank reported 24 jobs and $302,662 was used to fund payroll.

Altek business systems inc. is Existing or more than 2 years old

PPP Loan Search / PA / Telford / Altek business systems inc.

ALTEK BUSINESS SYSTEMS INC.

Date Approved

01/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ALTEK BUSINESS SYSTEMS INC.

Borrower Address

300 Emlen Way

Borrower City

Telford

Borrower State

PA

Borrower Zip

18969-1722

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

302662.00

Current Approval Amount

302662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62342

Servicing Lender Name

QNB Bank

Servicing Lender Address

15 N Third St

Servicing Lender City

QUAKERTOWN

Servicing Lender State

PA

Servicing Lender Zip

18951-1376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Telford

Project County Name

BUCKS

Project State

PA

Project Zip

18969-1722

CD

PA-01

Jobs Reported

24

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302662.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304934.04

Forgiveness Date

11/05/2021

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