PPP Loan information for Maep inc

$140,390

Maep inc was initially approved for PPP Loan of amount $171,672, the current approved amount is $140,390. The loan was approved on 04/08/2020 by The Eastern Bank reported 11 jobs and $140,390 was used to fund payroll.

Maep inc is Existing or more than 2 years old

MAEP INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAEP INC

Borrower Address

251 BROADWAY

Borrower City

MALDEN

Borrower State

MA

Borrower Zip

02148-4523

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171672.00

Current Approval Amount

140390.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MALDEN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-4523

CD

MA-05

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140390.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

142023.98

Forgiveness Date

06/16/2021

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