PPP Loan information for Samtan engineering corporation

$400,472

Samtan engineering corporation was initially approved for PPP Loan of amount $400,472, the current approved amount is $400,472. The loan was approved on 04/09/2020 by The Cambridge Savings Bank reported 37 jobs and $400,472 was used to fund payroll.

Samtan engineering corporation is Existing or more than 2 years old

SAMTAN ENGINEERING CORPORATION

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SAMTAN ENGINEERING CORPORATION

Borrower Address

127 WYLLIS AVE

Borrower City

MALDEN

Borrower State

MA

Borrower Zip

02148-7525

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400472.00

Current Approval Amount

400472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALDEN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-7525

CD

MA-05

Jobs Reported

37

NAICS Code

332111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400472.00

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

Subchapter S Corporation

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402655.40

Forgiveness Date

11/03/2020

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