PPP Loan information for Maxxsonics usa, inc.

$386,500

Maxxsonics usa, inc. was initially approved for PPP Loan of amount $386,500, the current approved amount is $386,500. The loan was approved on 04/07/2020 by The Merchants and Manufacturers Bank reported 23 jobs and $386,500 was used to fund payroll.

Maxxsonics usa, inc. is Existing or more than 2 years old

PPP Loan Search / IL / LIBERTYVILLE / Maxxsonics usa, inc.

MAXXSONICS USA, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAXXSONICS USA, INC.

Borrower Address

851 E Park Ave

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-2980

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386500.00

Current Approval Amount

386500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIBERTYVILLE

Project County Name

LAKE

Project State

IL

Project Zip

60048-2980

CD

IL-10

Jobs Reported

23

NAICS Code

334310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7380.00

Payroll Proceed

280000.00

Mortgage Interest Proceed

0.00

Rent Proceed

59990.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39130.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389495.37

Forgiveness Date

01/20/2021

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