PPP Loan information for Megatech corp

$108,177

Megatech corp was initially approved for PPP Loan of amount $108,177, the current approved amount is $108,177. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $108,177 was used to fund payroll.

Megatech corp is New Business or 2 years or less

MEGATECH CORP

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MEGATECH CORP

Borrower Address

525 WOBURN ST STE 3

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-3432

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108177.00

Current Approval Amount

108177.00

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

N

Business Age Description

New Business or 2 years or less

Project City

TEWKSBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-3432

CD

MA-06

Jobs Reported

13

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108177.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108909.05

Forgiveness Date

01/07/2021

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