Satec INC

$547,205 PPP Loan in Union, New Jersey

Loan Details

Loan Number
4911037307
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$547,205
Current Approval
$547,205
Forgiveness Amount
$551,043
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Satec INC
Address
10 Milltown Court
City
Union
ZIP Code
07083
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.4M
Rural/Urban
Urban
Congressional District
NJ-10

Loan Use Breakdown

Payroll
$437,764
Health Care
$109,441

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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