PPP Loan information for Mearthane products corporation

$678,455

Mearthane products corporation was initially approved for PPP Loan of amount $678,455, the current approved amount is $678,455. The loan was approved on 02/02/2021 by The Manufacturers and Traders Trust Company reported 112 jobs and $678,455 was used to fund payroll.

Mearthane products corporation is Existing or more than 2 years old

MEARTHANE PRODUCTS CORPORATION

Date Approved

02/02/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MEARTHANE PRODUCTS CORPORATION

Borrower Address

16 Western Industrial Dr

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02921-3403

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

678455.00

Current Approval Amount

678455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02921-3403

CD

RI-02

Jobs Reported

112

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

678449.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

683808.29

Forgiveness Date

11/26/2021

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