PPP Loan information for Mat-pac, inc.

$135,070

Mat-pac, inc. was initially approved for PPP Loan of amount $135,070, the current approved amount is $135,070. The loan was approved on 04/13/2020 by The Hanover Community Bank reported 8 jobs and $135,070 was used to fund payroll.

Mat-pac, inc. is Existing or more than 2 years old

MAT-PAC, INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAT-PAC, INC.

Borrower Address

404 Candlewood Commons

Borrower City

Howell

Borrower State

NJ

Borrower Zip

07731-2171

Loan Status Date

05/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135070.00

Current Approval Amount

135070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07731-2171

CD

NJ-04

Jobs Reported

8

NAICS Code

322291

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

135070.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136022.99

Forgiveness Date

01/07/2021

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