PPP Loan information for Water tech corp

$342,508

Water tech corp was initially approved for PPP Loan of amount $342,400, the current approved amount is $342,508. The loan was approved on 04/09/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $342,508 was used to fund payroll.

Water tech corp is Existing or more than 2 years old

WATER TECH CORP

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

WATER TECH CORP

Borrower Address

10 Alvin Ct.

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-2001

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342400.00

Current Approval Amount

342507.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-2001

CD

NJ-12

Jobs Reported

22

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

274005.50

Mortgage Interest Proceed

0.00

Rent Proceed

38237.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21926.00

Debt Interest Proceed

1339

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345407.08

Forgiveness Date

02/19/2021

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