Nu-Tek Precision Optical Corp

$290,917 PPP Loan in Aberdeen, Maryland

Loan Details

Loan Number
8648727106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$290,917
Current Approval
$290,917
Forgiveness Amount
$292,499
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nu-Tek Precision Optical Corp
Address
1202 Technology Dr Ste J-P
ZIP Code
21001
Business Type
Corporation
Industry (NAICS)
Manufacturing (333314)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$240,929
Rent
$33,169
Utilities
$5,800
Health Care
$8,547
Debt Interest
$2,472

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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