PPP Loan information for Archtech electronics corp

$396,815

Archtech electronics corp was initially approved for PPP Loan of amount $396,815, the current approved amount is $396,815. The loan was approved on 04/27/2020 by The Santander Bank, National Association reported 40 jobs and $396,815 was used to fund payroll.

Archtech electronics corp is Existing or more than 2 years old

ARCHTECH ELECTRONICS CORP

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ARCHTECH ELECTRONICS CORP

Borrower Address

117 Docks Coner Road

Borrower City

Cranbury

Borrower State

NJ

Borrower Zip

08810

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396815.00

Current Approval Amount

396815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranbury

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08810-0001

CD

NJ-12

Jobs Reported

40

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

396815.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400326.54

Forgiveness Date

03/22/2021

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