PPP Loan information for Cortel technologies, llc

$180,250

Cortel technologies, llc was initially approved for PPP Loan of amount $180,250, the current approved amount is $180,250. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 13 jobs and $180,250 was used to fund payroll.

Cortel technologies, llc is New Business or 2 years or less

PPP Loan Search / NJ / SOMERSET / Cortel technologies, llc

CORTEL TECHNOLOGIES, LLC

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CORTEL TECHNOLOGIES, LLC

Borrower Address

2 EXECUTIVE DR

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-4001

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180250.00

Current Approval Amount

180250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-4001

CD

NJ-12

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10140.00

Payroll Proceed

151404.00

Mortgage Interest Proceed

0.00

Rent Proceed

18706.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182007.44

Forgiveness Date

03/31/2021

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