PPP Loan information for Commtec associates inc

$64,818

Commtec associates inc was initially approved for PPP Loan of amount $64,818, the current approved amount is $64,818. The loan was approved on 01/29/2021 by The Peoples Bank reported 4 jobs and $64,818 was used to fund payroll.

Commtec associates inc is Existing or more than 2 years old

PPP Loan Search / NC / Denver / Commtec associates inc

COMMTEC ASSOCIATES INC

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

COMMTEC ASSOCIATES INC

Borrower Address

2301 N NC 16 Business Hwy

Borrower City

Denver

Borrower State

NC

Borrower Zip

28037-8255

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64817.50

Current Approval Amount

64817.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denver

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-8255

CD

NC-10

Jobs Reported

4

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

64814.50

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65454.87

Forgiveness Date

01/28/2022

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