PPP Loan information for Nortec communications, inc.

$403,300

Nortec communications, inc. was initially approved for PPP Loan of amount $403,300, the current approved amount is $403,300. The loan was approved on 04/08/2020 by The United Bank reported 19 jobs and $403,300 was used to fund payroll.

Nortec communications, inc. is Existing or more than 2 years old

PPP Loan Search / VA / FALLS CHURCH / Nortec communications, inc.

NORTEC COMMUNICATIONS, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NORTEC COMMUNICATIONS, INC.

Borrower Address

7531 LEESBURG PIKE, FLOOR 3

Borrower City

FALLS CHURCH

Borrower State

VA

Borrower Zip

22043-2105

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403300.00

Current Approval Amount

403300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALLS CHURCH

Project County Name

FAIRFAX

Project State

VA

Project Zip

22043-2105

CD

VA-08

Jobs Reported

19

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

403300.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

407781.11

Forgiveness Date

05/27/2021

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