PPP Loan information for Satec inc

$547,205

Satec inc was initially approved for PPP Loan of amount $547,205, the current approved amount is $547,205. The loan was approved on 04/30/2020 by The American Express National Bank reported 34 jobs and $547,205 was used to fund payroll.

Satec inc is Existing or more than 2 years old

PPP Loan Search / NJ / UNION / Satec inc

SATEC INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SATEC INC

Borrower Address

10 MILLTOWN COURT

Borrower City

UNION

Borrower State

NJ

Borrower Zip

07083

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

547205.00

Current Approval Amount

547205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION

Project County Name

UNION

Project State

NJ

Project Zip

07083-0001

CD

NJ-10

Jobs Reported

34

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

437764.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

109441.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

551042.93

Forgiveness Date

01/25/2021

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