PPP Loan information for Bortek industries, inc.

$942,900

Bortek industries, inc. was initially approved for PPP Loan of amount $945,000, the current approved amount is $942,900. The loan was approved on 04/03/2020 by The Mid Penn Bank reported 60 jobs and $942,900 was used to fund payroll.

Bortek industries, inc. is Existing or more than 2 years old

BORTEK INDUSTRIES, INC.

Date Approved

04/03/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BORTEK INDUSTRIES, INC.

Borrower Address

4713 GETTYSBURG RD

Borrower City

MECHANICSBURG

Borrower State

PA

Borrower Zip

17055-4326

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

945000.00

Current Approval Amount

942900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSBURG

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17055-4326

CD

PA-10

Jobs Reported

60

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

942900.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

949578.88

Forgiveness Date

12/23/2020

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