Date Approved
04/06/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
NORTECH DOWNTOWN, LLC
Borrower Address
110 E. THOMAS ST
Borrower City
HAMMOND
Borrower State
LA
Borrower Zip
70401-3314
Loan Status Date
03/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
50164.22
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
120708
Servicing Lender Name
The First Bank
Servicing Lender Address
6480 Hwy 98, West
Servicing Lender City
HATTIESBURG
Servicing Lender State
MS
Servicing Lender Zip
39402
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TANGIPAHOA
Project State
Project Zip
CD
LA-01
Jobs Reported
5
NAICS Code
541511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
50612.91
Forgiveness Date
03/05/2021