PPP Loan information for Multec industrial packaging

$81,300

Multec industrial packaging was initially approved for PPP Loan of amount $81,300, the current approved amount is $81,300. The loan was approved on 04/16/2020 by The United Community Bank reported 20 jobs and $81,300 was used to fund payroll.

Multec industrial packaging is Existing or more than 2 years old

PPP Loan Search / GA / NEWNAN / Multec industrial packaging

MULTEC INDUSTRIAL PACKAGING

Date Approved

04/16/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MULTEC INDUSTRIAL PACKAGING

Borrower Address

17 Augusta Drive

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30263

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81300.00

Current Approval Amount

81300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWNAN

Project County Name

COWETA

Project State

GA

Project Zip

30263-1000

CD

GA-03

Jobs Reported

20

NAICS Code

326140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81300.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

81876.90

Forgiveness Date

01/07/2021

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