PPP Loan information for Global materials inc

$591,700

Global materials inc was initially approved for PPP Loan of amount $591,700, the current approved amount is $591,700. The loan was approved on 04/28/2020 by The Enterprise Bank and Trust Company reported 38 jobs and $591,700 was used to fund payroll.

Global materials inc is Unanswered

PPP Loan Search / MA / LOWELL / Global materials inc

GLOBAL MATERIALS INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GLOBAL MATERIALS INC

Borrower Address

1447 MIDDLESEX STREET

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01851-1111

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591700.00

Current Approval Amount

591700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-1111

CD

MA-03

Jobs Reported

38

NAICS Code

325180

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591700.00

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

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

597107.48

Forgiveness Date

03/31/2021

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