PPP Loan information for Matec instrument companies inc

$946,710

Matec instrument companies inc was initially approved for PPP Loan of amount $946,710, the current approved amount is $946,710. The loan was approved on 03/23/2021 by The TD Bank, National Association reported 53 jobs and $946,710 was used to fund payroll.

Matec instrument companies inc is Existing or more than 2 years old

MATEC INSTRUMENT COMPANIES INC

Date Approved

03/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MATEC INSTRUMENT COMPANIES INC

Borrower Address

56 Hudson St

Borrower City

Northborough

Borrower State

MA

Borrower Zip

01532-1951

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

946710.00

Current Approval Amount

946710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

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

01532-1951

CD

MA-02

Jobs Reported

53

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

946710.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

952732.13

Forgiveness Date

11/10/2021

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