PPP Loan information for Material resources inc.

$154,702

Material resources inc. was initially approved for PPP Loan of amount $154,702, the current approved amount is $154,702. The loan was approved on 02/04/2021 by The First Horizon Bank reported 10 jobs and $154,702 was used to fund payroll.

Material resources inc. is Existing or more than 2 years old

MATERIAL RESOURCES INC.

Date Approved

02/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MATERIAL RESOURCES INC.

Borrower Address

1382 Safe Energy Dr

Borrower City

Port Allen

Borrower State

LA

Borrower Zip

70767-3539

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154702.00

Current Approval Amount

154702.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Port Allen

Project County Name

WEST BATON ROUGE

Project State

LA

Project Zip

70767-3539

CD

LA-06

Jobs Reported

10

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

154697.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155999.78

Forgiveness Date

12/14/2021

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