PPP Loan information for Global satcom technology inc.

$519,373

Global satcom technology inc. was initially approved for PPP Loan of amount $519,373, the current approved amount is $519,373. The loan was approved on 02/24/2021 by The Truist Bank reported 25 jobs and $519,373 was used to fund payroll.

Global satcom technology inc. is Existing or more than 2 years old

GLOBAL SATCOM TECHNOLOGY INC.

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GLOBAL SATCOM TECHNOLOGY INC.

Borrower Address

9141 Arbuckle Dr

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-1428

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

519372.50

Current Approval Amount

519372.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1428

CD

MD-06

Jobs Reported

25

NAICS Code

334220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

519367.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524090.13

Forgiveness Date

01/28/2022

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