PPP Loan information for Materials testing, inc.

$267,325

Materials testing, inc. was initially approved for PPP Loan of amount $267,325, the current approved amount is $267,325. The loan was approved on 04/27/2020 by The Bankwell Bank reported 46 jobs and $267,325 was used to fund payroll.

Materials testing, inc. is Existing or more than 2 years old

PPP Loan Search / CT / New Haven / Materials testing, inc.

MATERIALS TESTING, INC.

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MATERIALS TESTING, INC.

Borrower Address

55 Laura Street

Borrower City

New Haven

Borrower State

CT

Borrower Zip

06512-1607

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267324.62

Current Approval Amount

267324.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262358

Servicing Lender Name

Bankwell Bank

Servicing Lender Address

156 Cherry St

Servicing Lender City

New Canaan

Servicing Lender State

CT

Servicing Lender Zip

06840

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

46

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4158.00

Payroll Proceed

251991.62

Mortgage Interest Proceed

0.00

Rent Proceed

5467.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5708.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

262358

Originating Lender

Bankwell Bank

Originating Lender City

New Canaan

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

269255.30

Forgiveness Date

01/20/2021

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