PPP Loan information for Mti systems, inc.

$89,400

Mti systems, inc. was initially approved for PPP Loan of amount $89,400, the current approved amount is $89,400. The loan was approved on 04/08/2020 by The Westfield Bank reported 5 jobs and $89,400 was used to fund payroll.

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

PPP Loan Search / MA / WEST SPRINGFIELD / Mti systems, inc.

MTI SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

MTI SYSTEMS, INC.

Borrower Address

1111 ELM ST Suite 6

Borrower City

WEST SPRINGFIELD

Borrower State

MA

Borrower Zip

01089-1500

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89400.00

Current Approval Amount

89400.00

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

01089-1500

CD

MA-01

Jobs Reported

5

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89400.00

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

89983.58

Forgiveness Date

12/10/2020

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