PPP Loan information for Mats inc

$1,750,000

Mats inc was initially approved for PPP Loan of amount $1,750,000, the current approved amount is $1,750,000. The loan was approved on 02/03/2021 by The Cambridge Trust Company reported 128 jobs and $1,750,000 was used to fund payroll.

Mats inc is Existing or more than 2 years old

MATS INC

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MATS INC

Borrower Address

179 Campanelli Pkwy

Borrower City

Stoughton

Borrower State

MA

Borrower Zip

02072-3743

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1750000.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoughton

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-3743

CD

MA-08

Jobs Reported

128

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1749996.00

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

Subchapter S Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1763659.72

Forgiveness Date

11/18/2021

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