PPP Loan information for Mega-watt inc.

$17,333

Mega-watt inc. was initially approved for PPP Loan of amount $17,333, the current approved amount is $17,333. The loan was approved on 03/08/2021 by The Avidia Bank reported 2 jobs and $17,333 was used to fund payroll.

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

MEGA-WATT INC.

Date Approved

03/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MEGA-WATT INC.

Borrower Address

87 Granger Blvd

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-2853

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17332.50

Current Approval Amount

17332.50

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

2

NAICS Code

443142

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17332.50

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

17486.57

Forgiveness Date

01/25/2022

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