Nortech Systems Incorporated

$6,077,039 PPP Loan in Maple Grove, Minnesota

Loan Details

Loan Number
6860417105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$6,077,039
Current Approval
$6,077,039
Forgiveness Amount
$6,170,276
Forgiveness Date
Nov 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nortech Systems Incorporated
Address
7550 Meridian Cir N Ste 150
ZIP Code
55369-4932
Business Type
Corporation
Industry (NAICS)
Manufacturing (334510)
Business Age
Unanswered
Jobs Reported
478
Estimated Revenue
$125.2M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$6,077,039

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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