PPP Loan information for Material matters inc

$176,042

Material matters inc was initially approved for PPP Loan of amount $176,042, the current approved amount is $176,042. The loan was approved on 04/13/2021 by The Wells Fargo Bank, National Association reported 43 jobs and $176,042 was used to fund payroll.

Material matters inc is Existing or more than 2 years old

MATERIAL MATTERS INC

Date Approved

04/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MATERIAL MATTERS INC

Borrower Address

730 Brady Ave

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27203-6211

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176042.00

Current Approval Amount

176042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-6211

CD

NC-09

Jobs Reported

43

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

176037.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178506.59

Forgiveness Date

09/08/2022

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