PPP Loan information for Utech products, inc

$711,800

Utech products, inc was initially approved for PPP Loan of amount $711,800, the current approved amount is $711,800. The loan was approved on 04/10/2020 by The Tompkins Community Bank reported 43 jobs and $711,800 was used to fund payroll.

Utech products, inc is Change of Ownership

PPP Loan Search / NY / SCHENECTADY / Utech products, inc

UTECH PRODUCTS, INC

Date Approved

04/10/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

UTECH PRODUCTS, INC

Borrower Address

135 Broadway

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12305-2501

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711800.00

Current Approval Amount

711800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47331

Servicing Lender Name

Tompkins Community Bank

Servicing Lender Address

118 East Seneca St

Servicing Lender City

ITHACA

Servicing Lender State

NY

Servicing Lender Zip

14850

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

SCHENECTADY

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12305-2501

CD

NY-20

Jobs Reported

43

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

711800.00

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

47331

Originating Lender

Tompkins Community Bank

Originating Lender City

ITHACA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

706356.89

Forgiveness Date

12/17/2020

;