PPP Loan information for Materia inc

$1,996,000

Materia inc was initially approved for PPP Loan of amount $1,996,000, the current approved amount is $1,996,000. The loan was approved on 04/10/2020 by The East West Bank reported 72 jobs and $1,996,000 was used to fund payroll.

Materia inc is Existing or more than 2 years old

MATERIA INC

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MATERIA INC

Borrower Address

60 N SAN GABRIEL BLVD

Borrower City

PASADENA

Borrower State

CA

Borrower Zip

91107-3748

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1996000.00

Current Approval Amount

1996000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PASADENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91107-3748

CD

CA-28

Jobs Reported

72

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1996000.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019342.11

Forgiveness Date

06/11/2021

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