PPP Loan information for Commtech, inc.

$175,000

Commtech, inc. was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/06/2020 by The American Bank & Trust reported 13 jobs and $175,000 was used to fund payroll.

Commtech, inc. is Existing or more than 2 years old

PPP Loan Search / SD / PIERRE / Commtech, inc.

COMMTECH, INC.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

COMMTECH, INC.

Borrower Address

1601 n LOWELL PL

Borrower City

PIERRE

Borrower State

SD

Borrower Zip

57501-5813

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERRE

Project County Name

HUGHES

Project State

SD

Project Zip

57501-5813

CD

SD-

Jobs Reported

13

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

165000.00

Mortgage Interest Proceed

800.00

Rent Proceed

9200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176263.89

Forgiveness Date

12/28/2020

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