PPP Loan information for Mylec, inc

$143,500

Mylec, inc was initially approved for PPP Loan of amount $143,500, the current approved amount is $143,500. The loan was approved on 04/08/2020 by The Enterprise Bank and Trust Company reported 15 jobs and $143,500 was used to fund payroll.

Mylec, inc is Existing or more than 2 years old

PPP Loan Search / MA / WINCHENDON / Mylec, inc

MYLEC, INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MYLEC, INC

Borrower Address

37 COMMERCIAL DR

Borrower City

WINCHENDON

Borrower State

MA

Borrower Zip

01475-3006

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143500.00

Current Approval Amount

143500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHENDON

Project County Name

WORCESTER

Project State

MA

Project Zip

01475-3006

CD

MA-03

Jobs Reported

15

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7500.00

Payroll Proceed

93600.00

Mortgage Interest Proceed

0.00

Rent Proceed

21400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145034.65

Forgiveness Date

05/10/2021

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