PPP Loan information for Group tech inc.

$550,833

Group tech inc. was initially approved for PPP Loan of amount $550,833, the current approved amount is $550,833. The loan was approved on 04/28/2021 by The Loan Source Incorporated reported 27 jobs and $550,833 was used to fund payroll.

Group tech inc. is Existing or more than 2 years old

GROUP TECH INC.

Date Approved

04/28/2021

SBA Office Code

0920

Processing Method

PPP

Borrower Name

GROUP TECH INC.

Borrower Address

1100 Quail St Ste 210

Borrower City

Newport Beach

Borrower State

CA

Borrower Zip

92660-2700

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

550832.50

Current Approval Amount

550832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92660-2700

CD

CA-47

Jobs Reported

27

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

550832.50

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

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

556612.47

Forgiveness Date

05/17/2022

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