Future Tech Enterprise, Inc.

$2,203,750 PPP Loan in Holbrook, New York

Loan Details

Loan Number
9787777006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,203,750
Current Approval
$2,203,750
Forgiveness Amount
$2,229,186
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Future Tech Enterprise, Inc.
Address
101-8 Colin Drive 0.0
ZIP Code
11741-4332
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$30.0M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$1,893,750
Rent
$110,000
Utilities
$15,000
Health Care
$80,000
Debt Interest
$105,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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