PPP Loan information for Maxatrax systems inc

$29,975

Maxatrax systems inc was initially approved for PPP Loan of amount $29,975, the current approved amount is $29,975. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $29,975 was used to fund payroll.

Maxatrax systems inc is New Business or 2 years or less

MAXATRAX SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MAXATRAX SYSTEMS INC

Borrower Address

8325 OLD MARLBORO PIKE STE A9

Borrower City

UPPER MARLBORO

Borrower State

MD

Borrower Zip

20772-2617

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29975.00

Current Approval Amount

29975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

UPPER MARLBORO

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20772-2617

CD

MD-05

Jobs Reported

4

NAICS Code

339999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29975.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18796.20

Forgiveness Date

06/17/2021

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