PPP Loan information for Maxson automatic machinery company

$562,500

Maxson automatic machinery company was initially approved for PPP Loan of amount $562,500, the current approved amount is $562,500. The loan was approved on 04/07/2020 by The Bank Rhode Island reported 31 jobs and $562,500 was used to fund payroll.

Maxson automatic machinery company is Existing or more than 2 years old

PPP Loan Search / RI / WESTERLY / Maxson automatic machinery company

MAXSON AUTOMATIC MACHINERY COMPANY

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MAXSON AUTOMATIC MACHINERY COMPANY

Borrower Address

70 Airport Road

Borrower City

WESTERLY

Borrower State

RI

Borrower Zip

02891-3402

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562500.00

Current Approval Amount

562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTERLY

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-3402

CD

RI-02

Jobs Reported

31

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

562500.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567890.62

Forgiveness Date

04/05/2021

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