PPP Loan information for Out tech, inc.

$160,625

Out tech, inc. was initially approved for PPP Loan of amount $160,625, the current approved amount is $160,625. The loan was approved on 04/09/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 23 jobs and $160,625 was used to fund payroll.

Out tech, inc. is Existing or more than 2 years old

OUT TECH, INC.

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

OUT TECH, INC.

Borrower Address

3607 ROSEMONT AVE

Borrower City

CAMP HILL

Borrower State

PA

Borrower Zip

17011-6904

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160625.00

Current Approval Amount

160625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMP HILL

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17011-6904

CD

PA-10

Jobs Reported

23

NAICS Code

541990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

32125.00

Payroll Proceed

128500.00

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

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162307.10

Forgiveness Date

04/28/2021

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