PPP Loan information for Professional technicians inc

$557,050

Professional technicians inc was initially approved for PPP Loan of amount $557,050, the current approved amount is $557,050. The loan was approved on 03/25/2021 by The Loan Source Incorporated reported 72 jobs and $557,050 was used to fund payroll.

Professional technicians inc is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Professional technicians inc

PROFESSIONAL TECHNICIANS INC

Date Approved

03/25/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

PROFESSIONAL TECHNICIANS INC

Borrower Address

100 Biddle Ave

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702-3981

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

557050.00

Current Approval Amount

557050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-3981

CD

DE-

Jobs Reported

72

NAICS Code

621511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

557046.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

561521.66

Forgiveness Date

01/19/2022

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