PPP Loan information for Materials inc

$97,706

Materials inc was initially approved for PPP Loan of amount $97,706, the current approved amount is $97,706. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 11 jobs and $97,706 was used to fund payroll.

Materials inc is Existing or more than 2 years old

MATERIALS INC

Date Approved

05/01/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MATERIALS INC

Borrower Address

318 SOUTH HILL RD

Borrower City

BERNALILLO

Borrower State

NM

Borrower Zip

87004

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97706.00

Current Approval Amount

97706.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERNALILLO

Project County Name

SANDOVAL

Project State

NM

Project Zip

87004-0001

CD

NM-01

Jobs Reported

11

NAICS Code

327390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97706.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

98565.28

Forgiveness Date

03/25/2021

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