ALTEK BUSINESS SYSTEMS INC. (PA) - 2020 PPP Loan Borrower Profile (# 5600368305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTEK BUSINESS SYSTEMS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Pennsylvania.

Loan Detail

Loan Number

5600368305

SBA Office Code

0303

Processing Method

PPS

Curent Loan Amount

$302,662

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$304,934.04

Date Loan was Forgiven

Nov 5, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

302,662

Lender

QNB Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

453998

Borrower Location

Telford, PA

Project Location

Telford, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.