Water Tech Corp

$342,400 PPP Loan in East Brunswick, New Jersey

Loan Details

Loan Number
9407247010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$342,400
Current Approval
$342,508
Forgiveness Amount
$345,407
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Water Tech Corp
Address
10 Alvin Ct.
ZIP Code
08816-2001
Business Type
Corporation
Industry (NAICS)
Manufacturing (335999)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$274,006
Rent
$38,237
Utilities
$7,000
Health Care
$21,926
Debt Interest
$1,339

Lender Information

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

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