PPP Loan information for Mti systems

$436,381

Mti systems was initially approved for PPP Loan of amount $436,381, the current approved amount is $436,381. The loan was approved on 06/17/2020 by The Cross River Bank reported 22 jobs and $436,381 was used to fund payroll.

Mti systems is Existing or more than 2 years old

PPP Loan Search / MD / Greenbelt / Mti systems

MTI SYSTEMS

Date Approved

06/17/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MTI SYSTEMS

Borrower Address

7501 Greenway Center Dr suite 805

Borrower City

Greenbelt

Borrower State

MD

Borrower Zip

20771

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

436381.00

Current Approval Amount

436381.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenbelt

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20771-0002

CD

MD-04

Jobs Reported

22

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

436381.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

442478.38

Forgiveness Date

11/18/2021

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