PPP Loan information for Artel video systems corporation

$501,755

Artel video systems corporation was initially approved for PPP Loan of amount $501,755, the current approved amount is $501,755. The loan was approved on 04/30/2020 by The Celtic Bank Corporation reported 23 jobs and $501,755 was used to fund payroll.

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

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

ARTEL VIDEO SYSTEMS CORPORATION

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARTEL VIDEO SYSTEMS CORPORATION

Borrower Address

5 Lyberty Way

Borrower City

Westford

Borrower State

MA

Borrower Zip

01886

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501755.00

Current Approval Amount

501755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

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

01886-0001

CD

MA-03

Jobs Reported

23

NAICS Code

334220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62719.38

Payroll Proceed

376316.24

Mortgage Interest Proceed

0.00

Rent Proceed

62719.38

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

508683.34

Forgiveness Date

09/20/2021

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