Date Approved
02/05/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
POWERTEK CORPORATION
Borrower Address
9420 Key West Ave
Borrower City
Rockville
Borrower State
MD
Borrower Zip
20850-3334
Loan Status Date
08/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1756869.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73259
Servicing Lender Name
United Bank
Servicing Lender Address
11185 Fairfax Blvd
Servicing Lender City
FAIRFAX
Servicing Lender State
VA
Servicing Lender Zip
22030-5049
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-08
Jobs Reported
89
NAICS Code
541519
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1756867.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1764726.11
Forgiveness Date
07/23/2021