Date Approved
06/26/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
ARCHI-TECH SYSTEMS, INC.
Borrower Address
238 WEST DELAWARE AVE
Borrower City
PENNINGTON
Borrower State
NJ
Borrower Zip
08534-1603
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
229670.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45621
Servicing Lender Name
Lakeland Bank
Servicing Lender Address
2717 Rte 23 South
Servicing Lender City
NEWFOUNDLAND
Servicing Lender State
Servicing Lender Zip
07435-1441
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MERCER
Project State
Project Zip
CD
NJ-12
Jobs Reported
16
NAICS Code
541511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
184670.00
Mortgage Interest Proceed
Rent Proceed
15000.00
Refinance EIDL Proceed
Health Care Proceed
30000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
230991.39
Forgiveness Date
01/27/2021