PPP Loan information for Mayer power products inc.

$35,200

Mayer power products inc. was initially approved for PPP Loan of amount $35,200, the current approved amount is $35,200. The loan was approved on 04/06/2020 by The North Shore Bank, a Co-operative Bank reported 3 jobs and $35,200 was used to fund payroll.

Mayer power products inc. is Existing or more than 2 years old

PPP Loan Search / MA / ESSEX / Mayer power products inc.

MAYER POWER PRODUCTS INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAYER POWER PRODUCTS INC.

Borrower Address

9 SCOTTS WAY

Borrower City

ESSEX

Borrower State

MA

Borrower Zip

01929-1120

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35200.00

Current Approval Amount

35200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESSEX

Project County Name

ESSEX

Project State

MA

Project Zip

01929-1120

CD

MA-06

Jobs Reported

3

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35200.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35597.96

Forgiveness Date

06/01/2021

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