PPP Loan information for Microtech satellites inc

$54,820

Microtech satellites inc was initially approved for PPP Loan of amount $54,820, the current approved amount is $54,820. The loan was approved on 02/12/2021 by The Tennessee State Bank reported 7 jobs and $54,820 was used to fund payroll.

Microtech satellites inc is Existing or more than 2 years old

MICROTECH SATELLITES INC

Date Approved

02/12/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MICROTECH SATELLITES INC

Borrower Address

404 W Main St

Borrower City

Sevierville

Borrower State

TN

Borrower Zip

37862-3302

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54820.12

Current Approval Amount

54820.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67003

Servicing Lender Name

Tennessee State Bank

Servicing Lender Address

2210 Parkway

Servicing Lender City

Pigeon Forge

Servicing Lender State

TN

Servicing Lender Zip

37868

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sevierville

Project County Name

SEVIER

Project State

TN

Project Zip

37862-3302

CD

TN-01

Jobs Reported

7

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54820.12

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

67003

Originating Lender

Tennessee State Bank

Originating Lender City

Pigeon Forge

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55120.11

Forgiveness Date

09/07/2021

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