PPP Loan information for Nitco inc

$776,900

Nitco inc was initially approved for PPP Loan of amount $776,900, the current approved amount is $776,900. The loan was approved on 01/20/2021 by The Third Coast Bank SSB reported 42 jobs and $776,900 was used to fund payroll.

Nitco inc is Existing or more than 2 years old

NITCO INC

Date Approved

01/20/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

NITCO INC

Borrower Address

440 Cobia Dr Ste 1701

Borrower City

Katy

Borrower State

TX

Borrower Zip

77494-7139

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

776900.00

Current Approval Amount

776900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

454766

Servicing Lender Name

Third Coast Bank SSB

Servicing Lender Address

20202 Hwy 59 North, Ste 190

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-2403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Katy

Project County Name

HARRIS

Project State

TX

Project Zip

77494-7139

CD

TX-22

Jobs Reported

42

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

776898.00

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

454766

Originating Lender

Third Coast Bank SSB

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

781216.11

Forgiveness Date

08/30/2021

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