PPP Loan information for Mahantech corporation

$562,465

Mahantech corporation was initially approved for PPP Loan of amount $562,465, the current approved amount is $562,465. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 43 jobs and $562,465 was used to fund payroll.

Mahantech corporation is New Business or 2 years or less

MAHANTECH CORPORATION

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MAHANTECH CORPORATION

Borrower Address

405 CAPITOL ST STE 101

Borrower City

CHARLESTON

Borrower State

WV

Borrower Zip

25301

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562465.00

Current Approval Amount

562465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHARLESTON

Project County Name

KANAWHA

Project State

WV

Project Zip

25301-0001

CD

WV-02

Jobs Reported

43

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

562465.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570776.98

Forgiveness Date

10/13/2021

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