PPP Loan information for New-tech construction corp

$588,737

New-tech construction corp was initially approved for PPP Loan of amount $588,737, the current approved amount is $588,737. The loan was approved on 02/10/2021 by The Truist Bank reported 59 jobs and $588,737 was used to fund payroll.

New-tech construction corp is Existing or more than 2 years old

NEW-TECH CONSTRUCTION CORP

Date Approved

02/10/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

NEW-TECH CONSTRUCTION CORP

Borrower Address

1579 Barber Rd

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34240-9391

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

588737.00

Current Approval Amount

588737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34240-9391

CD

FL-17

Jobs Reported

59

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

588732.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

594084.69

Forgiveness Date

01/11/2022

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