PPP Loan information for Altek electronics inc

$1,991,370

Altek electronics inc was initially approved for PPP Loan of amount $1,991,370, the current approved amount is $1,991,370. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 165 jobs and $1,991,370 was used to fund payroll.

Altek electronics inc is New Business or 2 years or less

PPP Loan Search / CT / TORRINGTON / Altek electronics inc

ALTEK ELECTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ALTEK ELECTRONICS INC

Borrower Address

89 COMMERCIAL BLVD

Borrower City

TORRINGTON

Borrower State

CT

Borrower Zip

06790-7215

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1991370.00

Current Approval Amount

1991370.00

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

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

TORRINGTON

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06790-7215

CD

CT-01

Jobs Reported

165

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1991370.00

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

2009428.73

Forgiveness Date

03/31/2021

;