PPP Loan information for Entropic inc

$93,337

Entropic inc was initially approved for PPP Loan of amount $93,338, the current approved amount is $93,337. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 11 jobs and $93,337 was used to fund payroll.

Entropic inc is Existing or more than 2 years old

ENTROPIC INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ENTROPIC INC

Borrower Address

65 MATHEWSON DR

Borrower City

EAST WEYMOUTH

Borrower State

MA

Borrower Zip

02189-2324

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93337.70

Current Approval Amount

93337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-2324

CD

MA-08

Jobs Reported

11

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2229.00

Payroll Proceed

79000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10320.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1788

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94303.61

Forgiveness Date

04/29/2021

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