PPP Loan information for Security engineered machinery co inc

$764,530

Security engineered machinery co inc was initially approved for PPP Loan of amount $764,530, the current approved amount is $764,530. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 45 jobs and $764,530 was used to fund payroll.

Security engineered machinery co inc is New Business or 2 years or less

PPP Loan Search / MA / Westborough / Security engineered machinery co inc

SECURITY ENGINEERED MACHINERY CO INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SECURITY ENGINEERED MACHINERY CO INC

Borrower Address

5 Walkup Dr

Borrower City

Westborough

Borrower State

MA

Borrower Zip

01581

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

764530.00

Current Approval Amount

764530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Westborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-0001

CD

MA-02

Jobs Reported

45

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

764530.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

769221.91

Forgiveness Date

12/15/2020

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