PPP Loan information for Martel hvac corp

$418,000

Martel hvac corp was initially approved for PPP Loan of amount $418,000, the current approved amount is $418,000. The loan was approved on 04/08/2020 by The Avidia Bank reported 37 jobs and $418,000 was used to fund payroll.

Martel hvac corp is Existing or more than 2 years old

MARTEL HVAC CORP

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARTEL HVAC CORP

Borrower Address

58 Union Street

Borrower City

ASHLAND

Borrower State

MA

Borrower Zip

01721-1744

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418000.00

Current Approval Amount

418000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01721-1744

CD

MA-02

Jobs Reported

37

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

418000.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

420310.61

Forgiveness Date

11/03/2020

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