PPP Loan information for Cermet materials, inc

$114,845

Cermet materials, inc was initially approved for PPP Loan of amount $114,845, the current approved amount is $114,845. The loan was approved on 04/29/2020 by The Manufacturers and Traders Trust Company reported 8 jobs and $114,845 was used to fund payroll.

Cermet materials, inc is Existing or more than 2 years old

CERMET MATERIALS, INC

Date Approved

04/29/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CERMET MATERIALS, INC

Borrower Address

6 Meco Circle

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19804

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114845.00

Current Approval Amount

114845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19804-0001

CD

DE-

Jobs Reported

8

NAICS Code

331492

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108411.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6434.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116169.65

Forgiveness Date

07/02/2021

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