PPP Loan information for Machine technology, inc.

$67,300

Machine technology, inc. was initially approved for PPP Loan of amount $67,300, the current approved amount is $67,300. The loan was approved on 04/15/2020 by The North Shore Bank, a Co-operative Bank reported 9 jobs and $67,300 was used to fund payroll.

Machine technology, inc. is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Machine technology, inc.

MACHINE TECHNOLOGY, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MACHINE TECHNOLOGY, INC.

Borrower Address

12 KONDELIN RD

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-5161

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67300.00

Current Approval Amount

67300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-5161

CD

MA-06

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67300.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67797.27

Forgiveness Date

01/13/2021

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