Nutec Inc.

$537,500 PPP Loan in Huntersville, North Carolina

Loan Details

Loan Number
5353977110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$537,500
Current Approval
$537,500
Forgiveness Amount
$542,980
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nutec Inc.
Address
11830 Mt Holly
ZIP Code
28078
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
NC-12

Loan Use Breakdown

Payroll
$403,125
Rent
$67,188
Utilities
$67,188

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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