PPP Loan information for Economy products co

$520,955

Economy products co was initially approved for PPP Loan of amount $520,955, the current approved amount is $520,955. The loan was approved on 01/22/2021 by The MA Bank reported 51 jobs and $520,955 was used to fund payroll.

Economy products co is Existing or more than 2 years old

ECONOMY PRODUCTS CO

Date Approved

01/22/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

ECONOMY PRODUCTS CO

Borrower Address

202 Pine Crest Dr

Borrower City

Macon

Borrower State

MO

Borrower Zip

63552-1000

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520955.00

Current Approval Amount

520955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41090

Servicing Lender Name

MA Bank

Servicing Lender Address

1513 N Missouri St

Servicing Lender City

MACON

Servicing Lender State

MO

Servicing Lender Zip

63552-1969

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Macon

Project County Name

MACON

Project State

MO

Project Zip

63552-1000

CD

MO-06

Jobs Reported

51

NAICS Code

332721

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

520950.00

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

41090

Originating Lender

MA Bank

Originating Lender City

MACON

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

525722.10

Forgiveness Date

12/28/2021

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