PPP Loan information for Microprocessor designs inc

$179,800

Microprocessor designs inc was initially approved for PPP Loan of amount $179,800, the current approved amount is $179,800. The loan was approved on 04/10/2020 by The Manufacturers and Traders Trust Company reported 11 jobs and $179,800 was used to fund payroll.

Microprocessor designs inc is Existing or more than 2 years old

PPP Loan Search / VT / SHELBURNE / Microprocessor designs inc

MICROPROCESSOR DESIGNS INC

Date Approved

04/10/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MICROPROCESSOR DESIGNS INC

Borrower Address

65 LONGMEADOW DR

Borrower City

SHELBURNE

Borrower State

VT

Borrower Zip

05482-7694

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179800.00

Current Approval Amount

179800.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBURNE

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05482-7694

CD

VT-

Jobs Reported

11

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179800.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180814.76

Forgiveness Date

11/17/2020

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