PPP Loan information for Materials technology inc

$128,000

Materials technology inc was initially approved for PPP Loan of amount $128,000, the current approved amount is $128,000. The loan was approved on 04/30/2020 by The Regions Bank reported 10 jobs and $128,000 was used to fund payroll.

Materials technology inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Materials technology inc

MATERIALS TECHNOLOGY INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MATERIALS TECHNOLOGY INC

Borrower Address

213 LYON LANE,

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35211

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128000.00

Current Approval Amount

128000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35211-0001

CD

AL-07

Jobs Reported

10

NAICS Code

541990

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129528.99

Forgiveness Date

07/15/2021

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