PPP Loan information for Techno-comp inc

$2,000,000

Techno-comp inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/29/2021 by The Valley National Bank reported 105 jobs and $2,000,000 was used to fund payroll.

Techno-comp inc is Existing or more than 2 years old

TECHNO-COMP INC

Date Approved

03/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TECHNO-COMP INC

Borrower Address

200 Centennial Ave Ste 207

Borrower City

Piscataway

Borrower State

NJ

Borrower Zip

08854-3950

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Piscataway

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-3950

CD

NJ-06

Jobs Reported

105

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2023111.11

Forgiveness Date

05/23/2022

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