PPP Loan information for Millrite machine inc

$518,434

Millrite machine inc was initially approved for PPP Loan of amount $518,434, the current approved amount is $518,434. The loan was approved on 04/27/2020 by The Florence Bank reported 30 jobs and $518,434 was used to fund payroll.

Millrite machine inc is Existing or more than 2 years old

PPP Loan Search / MA / WESTFIELD / Millrite machine inc

MILLRITE MACHINE INC

Date Approved

04/27/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

MILLRITE MACHINE INC

Borrower Address

587 SOUTHAMPTON RD

Borrower City

WESTFIELD

Borrower State

MA

Borrower Zip

01085-1329

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518434.00

Current Approval Amount

518434.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33183

Servicing Lender Name

Florence Bank

Servicing Lender Address

85 Main St

Servicing Lender City

FLORENCE

Servicing Lender State

MA

Servicing Lender Zip

01062-1400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01085-1329

CD

MA-01

Jobs Reported

30

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

518434.00

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

33183

Originating Lender

Florence Bank

Originating Lender City

FLORENCE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

521075.88

Forgiveness Date

11/03/2020

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