PPP Loan information for Cortec corp.

$2,613,660

Cortec corp. was initially approved for PPP Loan of amount $2,613,660, the current approved amount is $2,613,660. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 165 jobs and $2,613,660 was used to fund payroll.

Cortec corp. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT PAUL / Cortec corp.

CORTEC CORP.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORTEC CORP.

Borrower Address

4119 White Bear Parkway

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55110

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2613660.00

Current Approval Amount

2613660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-0011

CD

MN-04

Jobs Reported

165

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2371682.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

241977.50

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2400735.10

Forgiveness Date

07/09/2021

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