PPP Loan information for Material installations, inc

$569,800

Material installations, inc was initially approved for PPP Loan of amount $569,800, the current approved amount is $569,800. The loan was approved on 04/05/2020 by The Northern Bank and Trust Company reported 71 jobs and $569,800 was used to fund payroll.

Material installations, inc is Existing or more than 2 years old

MATERIAL INSTALLATIONS, INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MATERIAL INSTALLATIONS, INC

Borrower Address

11 BAYFIELD DR

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-6013

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569800.00

Current Approval Amount

569800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-6013

CD

MA-06

Jobs Reported

71

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

569800.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

572981.38

Forgiveness Date

11/05/2020

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