PPP Loan information for Cortek incorporated

$1,031,920

Cortek incorporated was initially approved for PPP Loan of amount $1,031,920, the current approved amount is $1,031,920. The loan was approved on 04/14/2020 by The MVB Bank, Inc. reported 63 jobs and $1,031,920 was used to fund payroll.

Cortek incorporated is Existing or more than 2 years old

CORTEK INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CORTEK INCORPORATED

Borrower Address

702 Russell Ave, Suite 312

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1031920.00

Current Approval Amount

1031920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1000

CD

MD-08

Jobs Reported

63

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1031920.00

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

Corporation

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1045363.62

Forgiveness Date

08/02/2021

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