PPP Loan information for Material storage systems inc

$286,627

Material storage systems inc was initially approved for PPP Loan of amount $286,627, the current approved amount is $286,627. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 20 jobs and $286,627 was used to fund payroll.

Material storage systems inc is Existing or more than 2 years old

MATERIAL STORAGE SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MATERIAL STORAGE SYSTEMS INC

Borrower Address

8827 WILL CLAYTON PKWY

Borrower City

HUMBLE

Borrower State

TX

Borrower Zip

77338-5821

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286627.00

Current Approval Amount

286627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUMBLE

Project County Name

HARRIS

Project State

TX

Project Zip

77338-5821

CD

TX-18

Jobs Reported

20

NAICS Code

541310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

71656.75

Payroll Proceed

214970.25

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

288983.71

Forgiveness Date

02/11/2021

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