PPP Loan information for Mass acoustics inc.

$962,853

Mass acoustics inc. was initially approved for PPP Loan of amount $962,853, the current approved amount is $962,853. The loan was approved on 02/25/2021 by The Cambridge Savings Bank reported 22 jobs and $962,853 was used to fund payroll.

Mass acoustics inc. is Existing or more than 2 years old

PPP Loan Search / MA / Natick / Mass acoustics inc.

MASS ACOUSTICS INC.

Date Approved

02/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MASS ACOUSTICS INC.

Borrower Address

7 Erie Dr

Borrower City

Natick

Borrower State

MA

Borrower Zip

01760-1347

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

962852.50

Current Approval Amount

962852.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Natick

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-1347

CD

MA-05

Jobs Reported

22

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

962846.50

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

969421.00

Forgiveness Date

11/08/2021

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