PPP Loan information for Foodtec solutions inc

$398,532

Foodtec solutions inc was initially approved for PPP Loan of amount $398,532, the current approved amount is $398,532. The loan was approved on 02/03/2021 by The Eastern Bank reported 26 jobs and $398,532 was used to fund payroll.

Foodtec solutions inc is Existing or more than 2 years old

PPP Loan Search / MA / Needham / Foodtec solutions inc

FOODTEC SOLUTIONS INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FOODTEC SOLUTIONS INC

Borrower Address

175 Highland Ave

Borrower City

Needham

Borrower State

MA

Borrower Zip

02494-3034

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398532.00

Current Approval Amount

398532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-3034

CD

MA-04

Jobs Reported

26

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

398530.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402849.43

Forgiveness Date

03/02/2022

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