PPP Loan information for Microtech, inc.

$927,214

Microtech, inc. was initially approved for PPP Loan of amount $927,214, the current approved amount is $927,214. The loan was approved on 04/29/2020 by The Ion Bank reported 74 jobs and $927,214 was used to fund payroll.

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

MICROTECH, INC.

Date Approved

04/29/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MICROTECH, INC.

Borrower Address

1425 Highland Ave

Borrower City

Cheshire

Borrower State

CT

Borrower Zip

06410-1216

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

927214.00

Current Approval Amount

927214.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cheshire

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06410-1216

CD

CT-05

Jobs Reported

74

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

927214.00

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

933132.93

Forgiveness Date

12/28/2020

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