PPP Loan information for Matrix drilling products co

$545,030

Matrix drilling products co was initially approved for PPP Loan of amount $545,030, the current approved amount is $545,030. The loan was approved on 04/15/2020 by The CapStar Bank reported 47 jobs and $545,030 was used to fund payroll.

Matrix drilling products co is Existing or more than 2 years old

PPP Loan Search / TN / Lewisburg / Matrix drilling products co

MATRIX DRILLING PRODUCTS CO

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MATRIX DRILLING PRODUCTS CO

Borrower Address

1661 Old Belfast Rd

Borrower City

Lewisburg

Borrower State

TN

Borrower Zip

37091-7179

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545030.00

Current Approval Amount

545030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457013

Servicing Lender Name

CapStar Bank

Servicing Lender Address

1201 Demonbreun St Ste 700

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37203-5078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewisburg

Project County Name

MARSHALL

Project State

TN

Project Zip

37091-7179

CD

TN-04

Jobs Reported

47

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14600.00

Payroll Proceed

394993.00

Mortgage Interest Proceed

0.00

Rent Proceed

89803.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45634.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

457013

Originating Lender

CapStar Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

549435.66

Forgiveness Date

02/19/2021

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