PPP Loan information for Materials testing inc

$277,955

Materials testing inc was initially approved for PPP Loan of amount $277,955, the current approved amount is $277,955. The loan was approved on 05/18/2021 by The JPMorgan Chase Bank, National Association reported 20 jobs and $277,955 was used to fund payroll.

Materials testing inc is Existing or more than 2 years old

MATERIALS TESTING INC

Date Approved

05/18/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MATERIALS TESTING INC

Borrower Address

55 Laura St

Borrower City

New Haven

Borrower State

CT

Borrower Zip

06512-1607

Loan Status Date

10/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277955.00

Current Approval Amount

277955.00

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

New Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06512-1607

CD

CT-03

Jobs Reported

20

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

277952.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281556.68

Forgiveness Date

09/09/2022

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