PPP Loan information for Medtec medical inc

$205,900

Medtec medical inc was initially approved for PPP Loan of amount $205,900, the current approved amount is $205,900. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 11 jobs and $205,900 was used to fund payroll.

Medtec medical inc is Existing or more than 2 years old

MEDTEC MEDICAL INC

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MEDTEC MEDICAL INC

Borrower Address

1602 BARCLAY BLVD

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-4523

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205900.00

Current Approval Amount

205900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-4523

CD

IL-10

Jobs Reported

11

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205900.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207146.84

Forgiveness Date

11/19/2020

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