PPP Loan information for Microwave engineering corporation

$1,386,098

Microwave engineering corporation was initially approved for PPP Loan of amount $1,386,098, the current approved amount is $1,386,098. The loan was approved on 04/07/2020 by The Eastern Bank reported 76 jobs and $1,386,098 was used to fund payroll.

Microwave engineering corporation is Existing or more than 2 years old

PPP Loan Search / MA / NORTH ANDOVER / Microwave engineering corporation

MICROWAVE ENGINEERING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MICROWAVE ENGINEERING CORPORATION

Borrower Address

1551 Osgood Street

Borrower City

NORTH ANDOVER

Borrower State

MA

Borrower Zip

01845-1014

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1386097.50

Current Approval Amount

1386097.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01845-1014

CD

MA-06

Jobs Reported

76

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1386097.50

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

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1397686.82

Forgiveness Date

02/11/2021

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