PPP Loan information for Matthews industries, inc.

$617,922

Matthews industries, inc. was initially approved for PPP Loan of amount $617,922, the current approved amount is $617,922. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 62 jobs and $617,922 was used to fund payroll.

Matthews industries, inc. is Existing or more than 2 years old

MATTHEWS INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MATTHEWS INDUSTRIES, INC.

Borrower Address

23 2nd St SW

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

617922.00

Current Approval Amount

617922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-0001

CD

AL-05

Jobs Reported

62

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

154480.00

Payroll Proceed

463442.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

624873.62

Forgiveness Date

06/02/2021

;