PPP Loan information for Fiber-tech incorporated

$610,000

Fiber-tech incorporated was initially approved for PPP Loan of amount $617,900, the current approved amount is $610,000. The loan was approved on 04/06/2020 by The Community State Bank reported 62 jobs and $610,000 was used to fund payroll.

Fiber-tech incorporated is Existing or more than 2 years old

FIBER-TECH INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FIBER-TECH INCORPORATED

Borrower Address

4155 Courtney Road

Borrower City

FRANKSVILLE

Borrower State

WI

Borrower Zip

53126-9794

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617900.00

Current Approval Amount

610000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKSVILLE

Project County Name

RACINE

Project State

WI

Project Zip

53126-9794

CD

WI-01

Jobs Reported

62

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25112.00

Payroll Proceed

457518.00

Mortgage Interest Proceed

0.00

Rent Proceed

55370.00

Refinance EIDL Proceed

0.00

Health Care Proceed

72000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

614679.45

Forgiveness Date

01/20/2021

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