PPP Loan information for Material flow & conveyor systems, inc

$326,730

Material flow & conveyor systems, inc was initially approved for PPP Loan of amount $326,730, the current approved amount is $326,730. The loan was approved on 04/09/2020 by The Heritage Bank reported 20 jobs and $326,730 was used to fund payroll.

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

PPP Loan Search / OR / DONALD / Material flow & conveyor systems, inc

MATERIAL FLOW & CONVEYOR SYSTEMS, INC

Date Approved

04/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MATERIAL FLOW & CONVEYOR SYSTEMS, INC

Borrower Address

21150 Butteville Rd NE

Borrower City

DONALD

Borrower State

OR

Borrower Zip

97020-9773

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326730.00

Current Approval Amount

326730.00

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

97020-0037

CD

OR-06

Jobs Reported

20

NAICS Code

444190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

326730.00

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329406.50

Forgiveness Date

02/09/2021

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