PPP Loan information for Appli-tec inc

$550,020

Appli-tec inc was initially approved for PPP Loan of amount $550,020, the current approved amount is $550,020. The loan was approved on 04/10/2020 by The Bank of New England reported 38 jobs and $550,020 was used to fund payroll.

Appli-tec inc is Existing or more than 2 years old

APPLI-TEC INC

Date Approved

04/10/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

APPLI-TEC INC

Borrower Address

7 INDUSTRIAL WAY UNIT 1

Borrower City

SALEM

Borrower State

NH

Borrower Zip

03079-2817

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550020.00

Current Approval Amount

550020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43165

Servicing Lender Name

Bank of New England

Servicing Lender Address

31 Pelham Rd

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-4892

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03079-2817

CD

NH-02

Jobs Reported

38

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

550020.00

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

43165

Originating Lender

Bank of New England

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

553075.67

Forgiveness Date

11/03/2020

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