PPP Loan information for Momentum manfacturing group llc

$5,585,110

Momentum manfacturing group llc was initially approved for PPP Loan of amount $5,585,110, the current approved amount is $5,585,110. The loan was approved on 04/05/2020 by The Wintrust Bank, National Association reported 500 jobs and $5,585,110 was used to fund payroll.

Momentum manfacturing group llc is Existing or more than 2 years old

MOMENTUM MANFACTURING GROUP LLC

Date Approved

04/05/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MOMENTUM MANFACTURING GROUP LLC

Borrower Address

210 PIERCE RD

Borrower City

SAINT JOHNSBURY

Borrower State

VT

Borrower Zip

05819-8343

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5585110.00

Current Approval Amount

5585110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNSBURY

Project County Name

CALEDONIA

Project State

VT

Project Zip

05819-8343

CD

VT-

Jobs Reported

500

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

698138.75

Payroll Proceed

4188832.50

Mortgage Interest Proceed

698138.75

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5654613.59

Forgiveness Date

07/07/2021

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