PPP Loan information for Colortech inc.

$212,500

Colortech inc. was initially approved for PPP Loan of amount $212,500, the current approved amount is $212,500. The loan was approved on 04/15/2020 by The First Citizens Community Bank reported 35 jobs and $212,500 was used to fund payroll.

Colortech inc. is Existing or more than 2 years old

COLORTECH INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COLORTECH INC.

Borrower Address

232 S. 9TH ST

Borrower City

LEBANON

Borrower State

PA

Borrower Zip

17042-5902

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212500.00

Current Approval Amount

212500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61007

Servicing Lender Name

First Citizens Community Bank

Servicing Lender Address

15 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

PA

Servicing Lender Zip

16933-1507

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

LEBANON

Project State

PA

Project Zip

17042-5902

CD

PA-09

Jobs Reported

35

NAICS Code

323111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

13700.00

Payroll Proceed

100748.00

Mortgage Interest Proceed

30110.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

41892.00

Debt Interest Proceed

11050

Business Type

Corporation

Originating Lender Location Id

61007

Originating Lender

First Citizens Community Bank

Originating Lender City

MANSFIELD

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214506.94

Forgiveness Date

03/31/2021

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