PPP Loan information for Cygtec inc

$805,500

Cygtec inc was initially approved for PPP Loan of amount $805,500, the current approved amount is $805,500. The loan was approved on 06/29/2020 by The Fountainhead SBF LLC reported 36 jobs and $805,500 was used to fund payroll.

Cygtec inc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Cygtec inc

CYGTEC INC

Date Approved

06/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CYGTEC INC

Borrower Address

6512 SIX FORKS RD STE 304B

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27615-6500

Loan Status Date

02/05/2022

Loan Status

Charged Off

Term

38

SBA Guaranty Percentage

100

Initial Approval Amount

805500.00

Current Approval Amount

805500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27615-6500

CD

NC-02

Jobs Reported

36

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

805500.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;