PPP Loan information for Material handling inc

$1,631,301

Material handling inc was initially approved for PPP Loan of amount $1,631,300, the current approved amount is $1,631,301. The loan was approved on 04/08/2020 by The Truist Bank reported 119 jobs and $1,631,301 was used to fund payroll.

Material handling inc is Existing or more than 2 years old

PPP Loan Search / GA / DALTON / Material handling inc

MATERIAL HANDLING INC

Date Approved

04/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MATERIAL HANDLING INC

Borrower Address

631 N Glenwood Ave

Borrower City

DALTON

Borrower State

GA

Borrower Zip

30721-2816

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1631300.00

Current Approval Amount

1631301.18

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALTON

Project County Name

WHITFIELD

Project State

GA

Project Zip

30720-0001

CD

GA-14

Jobs Reported

119

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1631301.18

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;