PPP Loan information for Multitech mechanical support inc

$1,900,000

Multitech mechanical support inc was initially approved for PPP Loan of amount $1,900,000, the current approved amount is $1,900,000. The loan was approved on 05/22/2020 by The Benchmark Community Bank reported 300 jobs and $1,900,000 was used to fund payroll.

Multitech mechanical support inc is Unanswered

PPP Loan Search / NC / SANFORD / Multitech mechanical support inc

MULTITECH MECHANICAL SUPPORT INC

Date Approved

05/22/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MULTITECH MECHANICAL SUPPORT INC

Borrower Address

204 Independent Dr

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330-9265

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1900000.00

Current Approval Amount

1900000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-9265

CD

NC-09

Jobs Reported

300

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

237500.00

Payroll Proceed

1425000.00

Mortgage Interest Proceed

237500.00

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1915720.55

Forgiveness Date

03/29/2021

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