---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-027535"
form_type: "8-K"
ticker: "NSYS"
cik: "0000722313"
company_name: "NORTECH SYSTEMS INC"
filed_at: "2021-11-30T23:59:59+00:00"
generated_at: "2026-06-28T04:59:25.674655+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nortech Systems receives full forgiveness of $6.1M PPP loan from SBA

## Summary
- Received notification Nov 29, 2021 that $6.1M PPP loan and accrued interest fully forgiven by SBA; forgiveness payment date Nov 3, 2021.
- Financial impact to be reflected in Q4 2021 ending Dec 31, 2021.
- Loan originally obtained in April 2020 under CARES Act.

## SEC filing metadata
- accession: 0001437749-21-027535
- form_type: 8-K
- ticker: NSYS
- cik: 0000722313
- company_name: NORTECH SYSTEMS INC
- filed_at: 2021-11-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/722313/000143774921027535/0001437749-21-027535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/722313/000143774921027535/nsys20211130_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-027535
- JSON: https://secwatch.observer/filing/0001437749-21-027535.json
- Plain text: https://secwatch.observer/filing/0001437749-21-027535.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.