PPP Loan information for M & l transit systems inc

$113,320

M & l transit systems inc was initially approved for PPP Loan of amount $113,320, the current approved amount is $113,320. The loan was approved on 01/25/2021 by The Avidia Bank reported 16 jobs and $113,320 was used to fund payroll.

M & l transit systems inc is Existing or more than 2 years old

PPP Loan Search / MA / Woburn / M & l transit systems inc

M & L TRANSIT SYSTEMS INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

M & L TRANSIT SYSTEMS INC

Borrower Address

60 Olympia Ave

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-6805

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113320.00

Current Approval Amount

113320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-6805

CD

MA-05

Jobs Reported

16

NAICS Code

485510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

113317.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114355.62

Forgiveness Date

01/03/2022

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