PPP Loan information for Basic engineering concepts and technologies, inc

$697,400

Basic engineering concepts and technologies, inc was initially approved for PPP Loan of amount $697,400, the current approved amount is $697,400. The loan was approved on 04/06/2020 by The United Bank reported 43 jobs and $697,400 was used to fund payroll.

Basic engineering concepts and technologies, inc is Existing or more than 2 years old

BASIC ENGINEERING CONCEPTS AND TECHNOLOGIES, INC

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BASIC ENGINEERING CONCEPTS AND TECHNOLOGIES, INC

Borrower Address

908 KING ST Suite LL

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22314-3019

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

697400.00

Current Approval Amount

697400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22314-3019

CD

VA-08

Jobs Reported

43

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

697400.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

705284.49

Forgiveness Date

06/02/2021

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