PPP Loan information for Eastern technologies, inc

$783,300

Eastern technologies, inc was initially approved for PPP Loan of amount $783,300, the current approved amount is $783,300. The loan was approved on 04/14/2020 by The MidSouth Bank reported 58 jobs and $783,300 was used to fund payroll.

Eastern technologies, inc is Existing or more than 2 years old

EASTERN TECHNOLOGIES, INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

EASTERN TECHNOLOGIES, INC

Borrower Address

215 2nd Avenue

Borrower City

ASHFORD

Borrower State

AL

Borrower Zip

36312-5441

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

783300.00

Current Approval Amount

783300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27

Servicing Lender Name

MidSouth Bank

Servicing Lender Address

2526 W Main St

Servicing Lender City

DOTHAN

Servicing Lender State

AL

Servicing Lender Zip

36301-1226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHFORD

Project County Name

HOUSTON

Project State

AL

Project Zip

36312-5441

CD

AL-02

Jobs Reported

58

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

783300.00

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

Sole Proprietorship

Originating Lender Location Id

27

Originating Lender

MidSouth Bank

Originating Lender City

DOTHAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

792960.70

Forgiveness Date

07/09/2021

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