PPP Loan information for Material flow & conveyor system inc

$309,278

Material flow & conveyor system inc was initially approved for PPP Loan of amount $309,278, the current approved amount is $309,278. The loan was approved on 01/23/2021 by The Heritage Bank reported 22 jobs and $309,278 was used to fund payroll.

Material flow & conveyor system inc is Existing or more than 2 years old

PPP Loan Search / OR / DONALD / Material flow & conveyor system inc

MATERIAL FLOW & CONVEYOR SYSTEM INC

Date Approved

01/23/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MATERIAL FLOW & CONVEYOR SYSTEM INC

Borrower Address

21150 Butteville Rd NE

Borrower City

DONALD

Borrower State

OR

Borrower Zip

97020

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

309277.50

Current Approval Amount

309277.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DONALD

Project County Name

MARION

Project State

OR

Project Zip

97020

CD

OR-05

Jobs Reported

22

NAICS Code

444190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

309277.50

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

311827.98

Forgiveness Date

11/26/2021

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