PPP Loan information for Multatech engineering inc.

$620,700

Multatech engineering inc. was initially approved for PPP Loan of amount $620,700, the current approved amount is $620,700. The loan was approved on 01/31/2021 by The Frost Bank reported 36 jobs and $620,700 was used to fund payroll.

Multatech engineering inc. is Existing or more than 2 years old

MULTATECH ENGINEERING INC.

Date Approved

01/31/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

MULTATECH ENGINEERING INC.

Borrower Address

2821 W 7th St Ste 400

Borrower City

Fort Worth

Borrower State

TX

Borrower Zip

76107-8913

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

620700.00

Current Approval Amount

620700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Worth

Project County Name

TARRANT

Project State

TX

Project Zip

76107-8913

CD

TX-12

Jobs Reported

36

NAICS Code

541330

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

620695.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

626804.97

Forgiveness Date

01/28/2022

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