PPP Loan information for Matec america inc

$103,567

Matec america inc was initially approved for PPP Loan of amount $289,600, the current approved amount is $103,567. The loan was approved on 04/14/2020 by The Truist Bank reported 7 jobs and $103,567 was used to fund payroll.

Matec america inc is Existing or more than 2 years old

MATEC AMERICA INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MATEC AMERICA INC

Borrower Address

206 VILLA AVE

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27260-8277

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289600.00

Current Approval Amount

103567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-8277

CD

NC-06

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103567.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104642.95

Forgiveness Date

05/03/2021

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