HI-TECH MERCHANTS INC

Company Details

Name:	HI-TECH MERCHANTS INC
Jurisdiction:	New York
Legal type:	DOMESTIC BUSINESS CORPORATION
Status:	Active
Date of registration:	05 Feb 2007 (18 years ago)
Entity Number:	3472198
ZIP code:	11205
County:	Kings
Place of Formation:	New York
Address:	114 Sanford St, Brooklyn, NY, United States, 11205
Principal Address:	114 SANFORD STREET, BROOKLYN, NY, United States, 11205

Shares Details

Shares issued 200

Share Par Value 0

Type NO PAR VALUE

Name	Role	Address
THE CORPORATION	DOS Process Agent	114 Sanford St, Brooklyn, NY, United States, 11205

Name	Role	Address
YOEL SALCER	Chief Executive Officer	166 FRANKLIN AVE #A1, BROOKLYN, NY, United States, 11205

Start date	End date	Type	Value
2023-08-02	2023-08-02	Address	114 SANFORD STREET, BROOKLYN, NY, 11205, USA (Type of address: Chief Executive Officer)
2023-08-02	2023-08-02	Address	166 FRANKLIN AVE #A1, BROOKLYN, NY, 11205, USA (Type of address: Chief Executive Officer)
2014-01-29	2023-08-02	Address	114 SANFORD STREET, BROOKLYN, NY, 11205, USA (Type of address: Chief Executive Officer)
2014-01-29	2023-08-02	Address	114 SANFORD STREET, BROOKLYN, NY, 11205, USA (Type of address: Service of Process)
2007-02-05	2023-08-02	Shares	Share type: NO PAR VALUE, Number of shares: 200, Par value: 0
2007-02-05	2014-01-29	Address	199 LEE AVENUE-SUITE 666, BROOKLYN, NY, 11211, USA (Type of address: Service of Process)

Filing Number	Date Filed	Type	Effective Date
230802002918	2023-08-02	BIENNIAL STATEMENT	2023-02-01
211018001680	2021-10-18	BIENNIAL STATEMENT	2021-10-18
140129002002	2014-01-29	BIENNIAL STATEMENT	2013-02-01
070205000130	2007-02-05	CERTIFICATE OF INCORPORATION	2007-02-05

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

6846768301

2021-01-27

0202

PPS

114 Sandford St, Brooklyn, NY, 11205-3439

Loan Status Date	2022-07-09
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	194417
Loan Approval Amount (current)	194417
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	378617
Servicing Lender Name	HSBC Bank USA, National Association
Servicing Lender Address	1800 Tysons Blvd, Ste 50 Tysons II, MCLEAN, VA, 22102-4267
Rural or Urban Indicator	U
Hubzone	Y
LMI	Y
Business Age Description	Existing or more than 2 years old
Project Address	Brooklyn, KINGS, NY, 11205-3439
Project Congressional District	NY-08
Number of Employees	26
NAICS code	522320
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	378617
Originating Lender Name	HSBC Bank USA, National Association
Originating Lender Address	MCLEAN, VA
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	197030.83
Forgiveness Paid Date	2022-06-09

1031927203

2020-04-15

0202

PPP

114 SANFORD ST., BROOKLYN, NY, 11205-2828

Loan Status Date	2021-09-24
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	178597
Loan Approval Amount (current)	178597
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	378617
Servicing Lender Name	HSBC Bank USA, National Association
Servicing Lender Address	1800 Tysons Blvd, Ste 50 Tysons II, MCLEAN, VA, 22102-4267
Rural or Urban Indicator	U
Hubzone	N
LMI	Y
Business Age Description	Existing or more than 2 years old
Project Address	BROOKLYN, KINGS, NY, 11205-2828
Project Congressional District	NY-08
Number of Employees	24
NAICS code	519190
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	378617
Originating Lender Name	HSBC Bank USA, National Association
Originating Lender Address	MCLEAN, VA
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	180888.99
Forgiveness Paid Date	2021-08-04

Date of last update: 11 Mar 2025