PPP Loan information for Nutec inc.

$537,500

Nutec inc. was initially approved for PPP Loan of amount $537,500, the current approved amount is $537,500. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 44 jobs and $537,500 was used to fund payroll.

Nutec inc. is Existing or more than 2 years old

PPP Loan Search / NC / HUNTERSVILLE / Nutec inc.

NUTEC INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NUTEC INC.

Borrower Address

11830 MT HOLLY

Borrower City

HUNTERSVILLE

Borrower State

NC

Borrower Zip

28078

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537500.00

Current Approval Amount

537500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTERSVILLE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28078-0001

CD

NC-12

Jobs Reported

44

NAICS Code

333994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

67187.50

Payroll Proceed

403125.00

Mortgage Interest Proceed

0.00

Rent Proceed

67187.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

542979.51

Forgiveness Date

04/23/2021

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