PPP Loan information for Artel video system corporation

$488,989

Artel video system corporation was initially approved for PPP Loan of amount $488,989, the current approved amount is $488,989. The loan was approved on 01/25/2021 by The Cross River Bank reported 26 jobs and $488,989 was used to fund payroll.

Artel video system corporation is Existing or more than 2 years old

PPP Loan Search / MA / Westford / Artel video system corporation

ARTEL VIDEO SYSTEM CORPORATION

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ARTEL VIDEO SYSTEM CORPORATION

Borrower Address

5 Lyberty Way

Borrower City

Westford

Borrower State

MA

Borrower Zip

01886-3617

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

488989.00

Current Approval Amount

488989.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-3617

CD

MA-03

Jobs Reported

26

NAICS Code

334220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

488985.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

491882.74

Forgiveness Date

09/21/2021

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