PPP Loan information for Multitech office machines inc

$316,610

Multitech office machines inc was initially approved for PPP Loan of amount $316,610, the current approved amount is $316,610. The loan was approved on 02/12/2021 by The Capital One, National Association reported 32 jobs and $316,610 was used to fund payroll.

Multitech office machines inc is Existing or more than 2 years old

MULTITECH OFFICE MACHINES INC

Date Approved

02/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MULTITECH OFFICE MACHINES INC

Borrower Address

37363 Brownsvillage Rd

Borrower City

Slidell

Borrower State

LA

Borrower Zip

70460-4819

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316610.00

Current Approval Amount

316610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Slidell

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70460-4819

CD

LA-01

Jobs Reported

32

NAICS Code

333316

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316610.00

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

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318887.83

Forgiveness Date

11/17/2021

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