PPP Loan information for Video tech center inc

$270,500

Video tech center inc was initially approved for PPP Loan of amount $270,500, the current approved amount is $270,500. The loan was approved on 01/25/2021 by The Citizens Bank, National Association reported 24 jobs and $270,500 was used to fund payroll.

Video tech center inc is Existing or more than 2 years old

VIDEO TECH CENTER INC

Date Approved

01/25/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

VIDEO TECH CENTER INC

Borrower Address

2400 Kingman Dr

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19810-3508

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270500.00

Current Approval Amount

270500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19810-3508

CD

DE-

Jobs Reported

24

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

270497.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

272604.71

Forgiveness Date

11/09/2021

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