PPP Loan information for Metalogic industries llc

$497,400

Metalogic industries llc was initially approved for PPP Loan of amount $511,300, the current approved amount is $497,400. The loan was approved on 04/09/2020 by The Hometown Bank reported 38 jobs and $497,400 was used to fund payroll.

Metalogic industries llc is Existing or more than 2 years old

METALOGIC INDUSTRIES LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METALOGIC INDUSTRIES LLC

Borrower Address

75 OXFORD AVE

Borrower City

DUDLEY

Borrower State

MA

Borrower Zip

01571-5603

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511300.00

Current Approval Amount

497400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUDLEY

Project County Name

WORCESTER

Project State

MA

Project Zip

01571-5603

CD

MA-01

Jobs Reported

38

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497400.00

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

Limited Liability Partnership

Originating Lender Location Id

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

501379.20

Forgiveness Date

02/04/2021

;