PPP Loan information for Material installations inc

$879,570

Material installations inc was initially approved for PPP Loan of amount $879,570, the current approved amount is $879,570. The loan was approved on 02/23/2021 by The Northern Bank and Trust Company reported 64 jobs and $879,570 was used to fund payroll.

Material installations inc is Existing or more than 2 years old

MATERIAL INSTALLATIONS INC

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MATERIAL INSTALLATIONS INC

Borrower Address

11 Bayfield Dr

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845-6013

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

879570.00

Current Approval Amount

879570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33494

Servicing Lender Name

Northern Bank and Trust Company

Servicing Lender Address

275 Mishawum Rd, Ste 100

Servicing Lender City

WOBURN

Servicing Lender State

MA

Servicing Lender Zip

01801-8804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-6013

CD

MA-06

Jobs Reported

64

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

879570.00

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

33494

Originating Lender

Northern Bank and Trust Company

Originating Lender City

WOBURN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

883137.14

Forgiveness Date

07/23/2021

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