PPP Loan information for Mafcote, inc

$1,562,500

Mafcote, inc was initially approved for PPP Loan of amount $1,562,500, the current approved amount is $1,562,500. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 122 jobs and $1,562,500 was used to fund payroll.

Mafcote, inc is Existing or more than 2 years old

MAFCOTE, INC

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MAFCOTE, INC

Borrower Address

108 Main Street 0.0

Borrower City

Norwalk

Borrower State

CT

Borrower Zip

06851-4640

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1562500.00

Current Approval Amount

1562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norwalk

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06851-4640

CD

CT-04

Jobs Reported

122

NAICS Code

322299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

118500.00

Payroll Proceed

1415900.00

Mortgage Interest Proceed

0.00

Rent Proceed

28100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1574197.05

Forgiveness Date

01/14/2021

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