PPP Loan information for Hi-tek electronics inc

$58,400

Hi-tek electronics inc was initially approved for PPP Loan of amount $58,400, the current approved amount is $58,400. The loan was approved on 04/28/2020 by The Eastern Bank reported 5 jobs and $58,400 was used to fund payroll.

Hi-tek electronics inc is Existing or more than 2 years old

PPP Loan Search / MA / Brighton / Hi-tek electronics inc

HI-TEK ELECTRONICS INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HI-TEK ELECTRONICS INC

Borrower Address

1500 Soldiers Field Road

Borrower City

Brighton

Borrower State

MA

Borrower Zip

02135

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58400.00

Current Approval Amount

58400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

SUFFOLK

Project State

MA

Project Zip

02135-0001

CD

MA-07

Jobs Reported

5

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58400.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59206.24

Forgiveness Date

09/14/2021

;