PPP Loan information for Matlab inc.

$1,099,700

Matlab inc. was initially approved for PPP Loan of amount $1,099,700, the current approved amount is $1,099,700. The loan was approved on 03/13/2021 by The First Bank reported 139 jobs and $1,099,700 was used to fund payroll.

Matlab inc. is Existing or more than 2 years old

MATLAB INC.

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MATLAB INC.

Borrower Address

1112 NC Highway 49 S

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27205-9584

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1099700.00

Current Approval Amount

1099700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-9584

CD

NC-09

Jobs Reported

139

NAICS Code

332811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1099698.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1106389.84

Forgiveness Date

10/26/2021

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