PPP Loan information for Megamet industries, inc.

$430,400

Megamet industries, inc. was initially approved for PPP Loan of amount $430,400, the current approved amount is $430,400. The loan was approved on 04/13/2020 by The Community Bank of Mississippi reported 21 jobs and $430,400 was used to fund payroll.

Megamet industries, inc. is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Megamet industries, inc.

MEGAMET INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEGAMET INDUSTRIES, INC.

Borrower Address

3228 6TH AVE N

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35222-1222

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

430400.00

Current Approval Amount

430400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35222-1222

CD

AL-07

Jobs Reported

21

NAICS Code

332321

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55612.96

Payroll Proceed

358763.14

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16023.90

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

422864.81

Forgiveness Date

11/23/2020

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