PPP Loan information for Materials processing inc

$5,459,402

Materials processing inc was initially approved for PPP Loan of amount $5,663,682, the current approved amount is $5,459,402. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 446 jobs and $5,459,402 was used to fund payroll.

Materials processing inc is Existing or more than 2 years old

MATERIALS PROCESSING INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MATERIALS PROCESSING INC

Borrower Address

3500 DePauw Boulevard, Suite 1090 0.0

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46268-1174

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5663682.00

Current Approval Amount

5459402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46268-1174

CD

IN-07

Jobs Reported

446

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

236027.00

Payroll Proceed

4223692.00

Mortgage Interest Proceed

22876.00

Rent Proceed

124107.00

Refinance EIDL Proceed

0.00

Health Care Proceed

842700.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5523455.95

Forgiveness Date

06/16/2021

;