Date Approved
04/13/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
NORTEC, LLC
Borrower Address
1601 JACKSON ST
Borrower City
ALEXANDRIA
Borrower State
LA
Borrower Zip
71301-6936
Loan Status Date
05/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
160330.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
28177
Servicing Lender Name
The Cottonport Bank
Servicing Lender Address
153 Cottonport Ave
Servicing Lender City
COTTONPORT
Servicing Lender State
Servicing Lender Zip
71327-3701
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RAPIDES
Project State
Project Zip
CD
LA-05
Jobs Reported
19
NAICS Code
621111
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
8016.50
Payroll Proceed
136280.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
161955.26
Forgiveness Date
04/29/2021