PPP Loan information for Advanced mechanical technology

$387,067

Advanced mechanical technology was initially approved for PPP Loan of amount $387,068, the current approved amount is $387,067. The loan was approved on 04/09/2020 by The TD Bank, National Association reported 23 jobs and $387,067 was used to fund payroll.

Advanced mechanical technology is Existing or more than 2 years old

ADVANCED MECHANICAL TECHNOLOGY

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADVANCED MECHANICAL TECHNOLOGY

Borrower Address

176 Waltham St

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-4800

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387067.50

Current Approval Amount

387067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-4800

CD

MA-05

Jobs Reported

23

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387067.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

391948.34

Forgiveness Date

07/15/2021

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