PPP Loan information for Microtime computers inc

$385,500

Microtime computers inc was initially approved for PPP Loan of amount $385,500, the current approved amount is $385,500. The loan was approved on 03/28/2021 by The Bangor Savings Bank reported 29 jobs and $385,500 was used to fund payroll.

Microtime computers inc is Existing or more than 2 years old

MICROTIME COMPUTERS INC

Date Approved

03/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MICROTIME COMPUTERS INC

Borrower Address

40 Shattuck Rd Ste 210

Borrower City

Andover

Borrower State

MA

Borrower Zip

01810-2456

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385500.00

Current Approval Amount

385500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01810-2456

CD

MA-06

Jobs Reported

29

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

385498.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

387149.08

Forgiveness Date

08/31/2021

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