PPP Loan information for Material h & b systems inc

$79,225

Material h & b systems inc was initially approved for PPP Loan of amount $79,225, the current approved amount is $79,225. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $79,225 was used to fund payroll.

Material h & b systems inc is New Business or 2 years or less

MATERIAL H & B SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MATERIAL H & B SYSTEMS INC

Borrower Address

839 ENSIGN DR

Borrower City

FORKED RIVER

Borrower State

NJ

Borrower Zip

08731-3031

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79225.00

Current Approval Amount

79225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FORKED RIVER

Project County Name

OCEAN

Project State

NJ

Project Zip

08731-3031

CD

NJ-04

Jobs Reported

4

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79225.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80353.68

Forgiveness Date

10/07/2021

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