PPP Loan information for Bestec concept inc

$983,925

Bestec concept inc was initially approved for PPP Loan of amount $983,925, the current approved amount is $983,925. The loan was approved on 04/15/2020 by The HSBC Bank USA, National Association reported 190 jobs and $983,925 was used to fund payroll.

Bestec concept inc is Existing or more than 2 years old

BESTEC CONCEPT INC

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BESTEC CONCEPT INC

Borrower Address

140 58TH ST BLDG B UNIT 8D

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11220-2560

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983925.00

Current Approval Amount

983925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11220-2560

CD

NY-10

Jobs Reported

190

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

983925.00

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

Subchapter S Corporation

Originating Lender Location Id

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

996497.38

Forgiveness Date

08/02/2021

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