PPP Loan information for Hitec products, inc.

$250,000

Hitec products, inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/04/2020 by The Main Street Bank reported 22 jobs and $250,000 was used to fund payroll.

Hitec products, inc. is Existing or more than 2 years old

PPP Loan Search / MA / PEPPERELL / Hitec products, inc.

HITEC PRODUCTS, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HITEC PRODUCTS, INC.

Borrower Address

4 Lomar Park

Borrower City

PEPPERELL

Borrower State

MA

Borrower Zip

01463-1416

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEPPERELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01463-1416

CD

MA-03

Jobs Reported

22

NAICS Code

334519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252054.79

Forgiveness Date

02/12/2021

;