PPP Loan information for Polytec inc

$815,000

Polytec inc was initially approved for PPP Loan of amount $815,000, the current approved amount is $815,000. The loan was approved on 04/27/2020 by The HSBC Bank USA, National Association reported 39 jobs and $815,000 was used to fund payroll.

Polytec inc is Existing or more than 2 years old

POLYTEC INC

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

POLYTEC INC

Borrower Address

16400 BAKE PKWY STE 200

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92618-5603

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

815000.00

Current Approval Amount

815000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92618-5603

CD

CA-47

Jobs Reported

39

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

815000.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

819527.78

Forgiveness Date

11/23/2020

;