PPP Loan information for Glotech, inc.

$1,152,266

Glotech, inc. was initially approved for PPP Loan of amount $1,152,266, the current approved amount is $1,152,266. The loan was approved on 04/30/2020 by The American Express National Bank reported 66 jobs and $1,152,266 was used to fund payroll.

Glotech, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Glotech, inc.

GLOTECH, INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

GLOTECH, INC.

Borrower Address

1801 Research Boulevard

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1152266.17

Current Approval Amount

1152266.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

66

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

921812.93

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

230453.24

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1167290.05

Forgiveness Date

01/24/2022

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