PPP borrower record

UTEC, INC. PPP loan record

Public SBA PPP loan record for UTEC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$843,000
Approved amount
$850,728
Forgiven amount
2020-04-03
Date approved

Borrower and loan details

Borrower
UTEC, INC.
Loan number
4371537008
Business type
Non-Profit Organization
Business age
Existing or more than 2 years old
Borrower city
Lowell
Borrower state
Massachusetts
Borrower ZIP
01852
Jobs reported
87
Loan status
Paid in Full
Forgiveness date
2021-03-08
Servicing lender
Pentucket Bank
Originating lender
Pentucket Bank

Reported use of proceeds

Payroll
$632,250
Rent
$105,375
Utilities
$105,375
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.