PPP Loan information for M&g materials handling co.

$216,000

M&g materials handling co. was initially approved for PPP Loan of amount $216,000, the current approved amount is $216,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 19 jobs and $216,000 was used to fund payroll.

M&g materials handling co. is Existing or more than 2 years old

M&G MATERIALS HANDLING CO.

Date Approved

04/15/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

M&G MATERIALS HANDLING CO.

Borrower Address

860 Waterman Avenue

Borrower City

East Providence

Borrower State

RI

Borrower Zip

02914

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216000.00

Current Approval Amount

216000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02914-0011

CD

RI-01

Jobs Reported

19

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216000.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217840.44

Forgiveness Date

03/05/2021

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