PPP Loan information for Lab medical manufacturing, inc.

$923,000

Lab medical manufacturing, inc. was initially approved for PPP Loan of amount $923,000, the current approved amount is $923,000. The loan was approved on 04/15/2020 by The Cambridge Savings Bank reported 80 jobs and $923,000 was used to fund payroll.

Lab medical manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BILLERICA / Lab medical manufacturing, inc.

LAB MEDICAL MANUFACTURING, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LAB MEDICAL MANUFACTURING, INC.

Borrower Address

28 COOK ST

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-6060

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

923000.00

Current Approval Amount

923000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-6060

CD

MA-06

Jobs Reported

80

NAICS Code

339112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

230750.00

Payroll Proceed

692250.00

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

Subchapter S Corporation

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

931825.40

Forgiveness Date

04/08/2021

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