PPP Loan information for Mega-watt, inc.

$16,850

Mega-watt, inc. was initially approved for PPP Loan of amount $16,850, the current approved amount is $16,850. The loan was approved on 04/08/2020 by The Avidia Bank reported 3 jobs and $16,850 was used to fund payroll.

Mega-watt, inc. is Existing or more than 2 years old

MEGA-WATT, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MEGA-WATT, INC.

Borrower Address

87 Granger Blvd

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-2853

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16850.00

Current Approval Amount

16850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-2853

CD

MA-03

Jobs Reported

3

NAICS Code

443142

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16850.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13942.72

Forgiveness Date

12/14/2020

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