PPP Loan information for Mti systems inc.

$109,660

Mti systems inc. was initially approved for PPP Loan of amount $109,660, the current approved amount is $109,660. The loan was approved on 01/20/2021 by The Westfield Bank reported 6 jobs and $109,660 was used to fund payroll.

Mti systems inc. is Existing or more than 2 years old

MTI SYSTEMS INC.

Date Approved

01/20/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

MTI SYSTEMS INC.

Borrower Address

1111 Elm St Ste 6

Borrower City

West Springfield

Borrower State

MA

Borrower Zip

01089-1540

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109660.00

Current Approval Amount

109660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01089-1540

CD

MA-01

Jobs Reported

6

NAICS Code

511210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

109657.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110253.99

Forgiveness Date

08/10/2021

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