PPP Loan information for Archimedic, inc.

$512,600

Archimedic, inc. was initially approved for PPP Loan of amount $512,600, the current approved amount is $512,600. The loan was approved on 04/27/2020 by The Meridian Bank reported 23 jobs and $512,600 was used to fund payroll.

Archimedic, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WALTHAM / Archimedic, inc.

ARCHIMEDIC, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARCHIMEDIC, INC.

Borrower Address

204 2nd Ave

Borrower City

WALTHAM

Borrower State

MA

Borrower Zip

02451

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512600.00

Current Approval Amount

512600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALTHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-0001

CD

MA-05

Jobs Reported

23

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

440579.00

Mortgage Interest Proceed

0.00

Rent Proceed

70521.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517459.17

Forgiveness Date

04/16/2021

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