PPP Loan information for Nortech energy solutions

$281,075

Nortech energy solutions was initially approved for PPP Loan of amount $281,075, the current approved amount is $281,075. The loan was approved on 04/27/2021 by The The Muncy Bank and Trust Company reported 22 jobs and $281,075 was used to fund payroll.

Nortech energy solutions is Existing or more than 2 years old

NORTECH ENERGY SOLUTIONS

Date Approved

04/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

NORTECH ENERGY SOLUTIONS

Borrower Address

3607 W 4th St Ste 4

Borrower City

Williamsport

Borrower State

PA

Borrower Zip

17701-4108

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281075.00

Current Approval Amount

281075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61134

Servicing Lender Name

The Muncy Bank and Trust Company

Servicing Lender Address

2 N Main St

Servicing Lender City

MUNCY

Servicing Lender State

PA

Servicing Lender Zip

17756-1004

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsport

Project County Name

LYCOMING

Project State

PA

Project Zip

17701-4108

CD

PA-09

Jobs Reported

22

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

281073.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

61134

Originating Lender

The Muncy Bank and Trust Company

Originating Lender City

MUNCY

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

283971.63

Forgiveness Date

05/05/2022

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