PPP Loan information for Comtec systems inc

$468,600

Comtec systems inc was initially approved for PPP Loan of amount $468,600, the current approved amount is $468,600. The loan was approved on 04/11/2020 by The The Bancorp Bank National Association reported 28 jobs and $468,600 was used to fund payroll.

Comtec systems inc is Existing or more than 2 years old

PPP Loan Search / NJ / Vineland / Comtec systems inc

COMTEC SYSTEMS INC

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COMTEC SYSTEMS INC

Borrower Address

2658 N West Blvd

Borrower City

Vineland

Borrower State

NJ

Borrower Zip

08360-2057

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468600.00

Current Approval Amount

468600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vineland

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-2057

CD

NJ-02

Jobs Reported

28

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

468600.00

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

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

472778.35

Forgiveness Date

03/05/2021

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