Date Approved
03/27/2021
SBA Office Code
0679
Processing Method
PPP
Borrower Name
MEITEC INC.
Borrower Address
2800 Veterans Blvd. Suite 260
Borrower City
Metairie
Borrower State
LA
Borrower Zip
70002-6178
Loan Status Date
12/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2000000.00
Current Approval Amount
5220532.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
METAIRIE
Project County Name
JEFFERSON
Project State
Project Zip
CD
LA-01
Jobs Reported
247
NAICS Code
238210
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
5220528.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
5303774.46
Forgiveness Date
11/10/2022