PPP Loan information for Microwave engineering co

$1,382,947

Microwave engineering co was initially approved for PPP Loan of amount $1,382,947, the current approved amount is $1,382,947. The loan was approved on 02/25/2021 by The Eastern Bank reported 87 jobs and $1,382,947 was used to fund payroll.

Microwave engineering co is Existing or more than 2 years old

PPP Loan Search / MA / North Andover / Microwave engineering co

MICROWAVE ENGINEERING CO

Date Approved

02/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MICROWAVE ENGINEERING CO

Borrower Address

1551 Osgood St

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845-1014

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1382947.00

Current Approval Amount

1382947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-1014

CD

MA-06

Jobs Reported

87

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1382946.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1392666.04

Forgiveness Date

11/10/2021

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