PPP Loan information for Total recoil magnetics, inc.

$45,700

Total recoil magnetics, inc. was initially approved for PPP Loan of amount $45,700, the current approved amount is $45,700. The loan was approved on 04/15/2020 by The MutualOne Bank reported 8 jobs and $45,700 was used to fund payroll.

Total recoil magnetics, inc. is Existing or more than 2 years old

PPP Loan Search / MA / HOLLISTON / Total recoil magnetics, inc.

TOTAL RECOIL MAGNETICS, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOTAL RECOIL MAGNETICS, INC.

Borrower Address

84 OCTOBER HILL RD

Borrower City

HOLLISTON

Borrower State

MA

Borrower Zip

01746-1371

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45700.00

Current Approval Amount

45700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLISTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01746-1371

CD

MA-02

Jobs Reported

8

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2155.00

Payroll Proceed

36560.00

Mortgage Interest Proceed

0.00

Rent Proceed

6985.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46029.29

Forgiveness Date

01/12/2021

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