PPP Loan information for Composite materials research & development llc

$90,940

Composite materials research & development llc was initially approved for PPP Loan of amount $90,940, the current approved amount is $90,940. The loan was approved on 03/08/2021 by The Pioneer Trust Bank, National Association reported 6 jobs and $90,940 was used to fund payroll.

Composite materials research & development llc is Existing or more than 2 years old

COMPOSITE MATERIALS RESEARCH & DEVELOPMENT LLC

Date Approved

03/08/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

COMPOSITE MATERIALS RESEARCH & DEVELOPMENT LLC

Borrower Address

2865 22nd St SE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97302-1554

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90940.00

Current Approval Amount

90940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97302-1554

CD

OR-06

Jobs Reported

6

NAICS Code

541715

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90939.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91268.88

Forgiveness Date

07/20/2021

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