PPP Loan information for Sectek inc.

$7,117,800

Sectek inc. was initially approved for PPP Loan of amount $7,117,800, the current approved amount is $7,117,800. The loan was approved on 05/04/2020 by The Newtek Small Business Finance, Inc. reported 500 jobs and $7,117,800 was used to fund payroll.

Sectek inc. is Existing or more than 2 years old

SECTEK INC.

Date Approved

05/04/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SECTEK INC.

Borrower Address

1650 Tysons Blvd

Borrower City

McLean

Borrower State

VA

Borrower Zip

22102-4884

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7117800.00

Current Approval Amount

7117800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McLean

Project County Name

FAIRFAX

Project State

VA

Project Zip

22102-4884

CD

VA-11

Jobs Reported

500

NAICS Code

541990

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7117800.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7246711.27

Forgiveness Date

03/07/2022

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