PPP Loan information for Compete inc

$312,473

Compete inc was initially approved for PPP Loan of amount $312,473, the current approved amount is $312,473. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 40 jobs and $312,473 was used to fund payroll.

Compete inc is Existing or more than 2 years old

COMPETE INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

COMPETE INC

Borrower Address

299 W Main St

Borrower City

Northborough

Borrower State

MA

Borrower Zip

01532-2145

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312473.00

Current Approval Amount

312473.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01532-2145

CD

MA-02

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

312469.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

315366.59

Forgiveness Date

01/06/2022

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