PPP Loan information for Coretek inc.

$2,300,000

Coretek inc. was initially approved for PPP Loan of amount $2,300,000, the current approved amount is $2,300,000. The loan was approved on 04/10/2020 by The Huron Valley State Bank reported 98 jobs and $2,300,000 was used to fund payroll.

Coretek inc. is Existing or more than 2 years old

CORETEK INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORETEK INC.

Borrower Address

34900 GRAND RIVER AVE

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48335-3318

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2300000.00

Current Approval Amount

2300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435111

Servicing Lender Name

Huron Valley State Bank

Servicing Lender Address

130 S Milford Rd

Servicing Lender City

MILFORD

Servicing Lender State

MI

Servicing Lender Zip

48381-2741

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-3318

CD

MI-11

Jobs Reported

98

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2042988.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

257012.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

435111

Originating Lender

Huron Valley State Bank

Originating Lender City

MILFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2160737.00

Forgiveness Date

12/02/2021

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