PPP Loan information for Matrix drilling products company

$577,500

Matrix drilling products company was initially approved for PPP Loan of amount $577,500, the current approved amount is $577,500. The loan was approved on 01/20/2021 by The CapStar Bank reported 47 jobs and $577,500 was used to fund payroll.

Matrix drilling products company is Existing or more than 2 years old

PPP Loan Search / TN / Lewisburg / Matrix drilling products company

MATRIX DRILLING PRODUCTS COMPANY

Date Approved

01/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MATRIX DRILLING PRODUCTS COMPANY

Borrower Address

1661 Old Belfast Rd

Borrower City

Lewisburg

Borrower State

TN

Borrower Zip

37091-7179

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

577500.00

Current Approval Amount

577500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457013

Servicing Lender Name

CapStar Bank

Servicing Lender Address

1201 Demonbreun St Ste 700

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37203-5078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewisburg

Project County Name

MARSHALL

Project State

TN

Project Zip

37091-7179

CD

TN-04

Jobs Reported

47

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

577497.00

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

457013

Originating Lender

CapStar Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

581366.04

Forgiveness Date

09/29/2021

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