PPP Loan information for Hi-tech incorporated

$740,000

Hi-tech incorporated was initially approved for PPP Loan of amount $740,000, the current approved amount is $740,000. The loan was approved on 01/30/2021 by The 1st Security Bank of Washington reported 49 jobs and $740,000 was used to fund payroll.

Hi-tech incorporated is Existing or more than 2 years old

HI-TECH INCORPORATED

Date Approved

01/30/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

HI-TECH INCORPORATED

Borrower Address

16822 Pacific Ave S

Borrower City

Spanaway

Borrower State

WA

Borrower Zip

98387-8255

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

740000.00

Current Approval Amount

740000.00

Undisbursed Amount

0.00

Franchise Name

Carstar

Servicing Lender Location Id

107784

Servicing Lender Name

1st Security Bank of Washington

Servicing Lender Address

6920 220th St SW

Servicing Lender City

MOUNTLAKE TERRACE

Servicing Lender State

WA

Servicing Lender Zip

98043-2177

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spanaway

Project County Name

PIERCE

Project State

WA

Project Zip

98387-8255

CD

WA-10

Jobs Reported

49

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

739999.00

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

107784

Originating Lender

1st Security Bank of Washington

Originating Lender City

MOUNTLAKE TERRACE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

748900.56

Forgiveness Date

04/12/2022

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