PPP Loan information for Matsys incorporated

$560,282

Matsys incorporated was initially approved for PPP Loan of amount $560,282, the current approved amount is $560,282. The loan was approved on 04/15/2020 by The Burke & Herbert Bank & Trust Company reported 32 jobs and $560,282 was used to fund payroll.

Matsys incorporated is Existing or more than 2 years old

MATSYS INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MATSYS INCORPORATED

Borrower Address

45490 RURITAN CIR

Borrower City

STERLING

Borrower State

VA

Borrower Zip

20164-9307

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

560282.00

Current Approval Amount

560282.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING

Project County Name

LOUDOUN

Project State

VA

Project Zip

20164-9307

CD

VA-10

Jobs Reported

32

NAICS Code

813910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

560282.00

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

Subchapter S Corporation

Originating Lender Location Id

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

564048.34

Forgiveness Date

12/30/2020

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