PPP Loan information for Avtech technology inc

$206,918

Avtech technology inc was initially approved for PPP Loan of amount $206,918, the current approved amount is $206,918. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 35 jobs and $206,918 was used to fund payroll.

Avtech technology inc is New Business or 2 years or less

AVTECH TECHNOLOGY INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AVTECH TECHNOLOGY INC

Borrower Address

50 CRAGWOOD RD STE 350

Borrower City

SOUTH PLAINFIELD

Borrower State

NJ

Borrower Zip

07080-2436

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206918.00

Current Approval Amount

206918.00

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

N

Business Age Description

New Business or 2 years or less

Project City

SOUTH PLAINFIELD

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-2436

CD

NJ-06

Jobs Reported

35

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

206918.00

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

198131.88

Forgiveness Date

12/16/2020

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