PPP Loan information for Material matters inc

$192,700

Material matters inc was initially approved for PPP Loan of amount $192,700, the current approved amount is $192,700. The loan was approved on 04/30/2020 by The Bank OZK reported 42 jobs and $192,700 was used to fund payroll.

Material matters inc is Existing or more than 2 years old

MATERIAL MATTERS INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MATERIAL MATTERS INC

Borrower Address

730 Brady Ave

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27203-6211

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192700.00

Current Approval Amount

192700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4426

Servicing Lender Name

Bank OZK

Servicing Lender Address

18000 Cantrell Rd

Servicing Lender City

LITTLE ROCK

Servicing Lender State

AR

Servicing Lender Zip

72223-9729

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

42

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

192700.00

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

4426

Originating Lender

Bank OZK

Originating Lender City

LITTLE ROCK

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195292.21

Forgiveness Date

09/10/2021

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