PPP Loan information for Metal masters foodservice equipment co., inc.

$5,599,278

Metal masters foodservice equipment co., inc. was initially approved for PPP Loan of amount $5,599,278, the current approved amount is $5,599,278. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 408 jobs and $5,599,278 was used to fund payroll.

Metal masters foodservice equipment co., inc. is Existing or more than 2 years old

PPP Loan Search / DE / CLAYTON / Metal masters foodservice equipment co., inc.

METAL MASTERS FOODSERVICE EQUIPMENT CO., INC.

Date Approved

04/13/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

METAL MASTERS FOODSERVICE EQUIPMENT CO., INC.

Borrower Address

100 Industrial Boulevard

Borrower City

CLAYTON

Borrower State

DE

Borrower Zip

19938-8900

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5599277.50

Current Approval Amount

5599277.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLAYTON

Project County Name

KENT

Project State

DE

Project Zip

19938-8900

CD

DE-

Jobs Reported

408

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

559928.50

Payroll Proceed

3359566.00

Mortgage Interest Proceed

0.00

Rent Proceed

250000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1399819.00

Debt Interest Proceed

29964

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5663860.95

Forgiveness Date

06/11/2021

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