PPP Loan information for Nitco inc

$776,900

Nitco inc was initially approved for PPP Loan of amount $776,900, the current approved amount is $776,900. The loan was approved on 04/27/2020 by The Celtic Bank Corporation reported 42 jobs and $776,900 was used to fund payroll.

Nitco inc is Existing or more than 2 years old

NITCO INC

Date Approved

04/27/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

NITCO INC

Borrower Address

440 Cobia Dr, Suite 1701

Borrower City

Katy

Borrower State

TX

Borrower Zip

77494-7139

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

776900.00

Current Approval Amount

776900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Katy

Project County Name

HARRIS

Project State

TX

Project Zip

77494-7139

CD

TX-22

Jobs Reported

42

NAICS Code

518210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

97112.50

Payroll Proceed

582675.00

Mortgage Interest Proceed

97112.50

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

786989.06

Forgiveness Date

08/19/2021

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