PPP Loan information for Contec systems industrial corporation

$171,800

Contec systems industrial corporation was initially approved for PPP Loan of amount $171,800, the current approved amount is $171,800. The loan was approved on 03/18/2021 by The Truist Bank reported 9 jobs and $171,800 was used to fund payroll.

Contec systems industrial corporation is Existing or more than 2 years old

CONTEC SYSTEMS INDUSTRIAL CORPORATION

Date Approved

03/18/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

CONTEC SYSTEMS INDUSTRIAL CORPORATION

Borrower Address

1566 Medical Dr Ste 310

Borrower City

Pottstown

Borrower State

PA

Borrower Zip

19464-3229

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171800.00

Current Approval Amount

171800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pottstown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19464-3229

CD

PA-04

Jobs Reported

9

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

171798.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172868.98

Forgiveness Date

11/01/2021

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