PPP Loan information for United material handling inc.

$587,970

United material handling inc. was initially approved for PPP Loan of amount $587,970, the current approved amount is $587,970. The loan was approved on 01/27/2021 by The Loan Source Incorporated reported 48 jobs and $587,970 was used to fund payroll.

United material handling inc. is Existing or more than 2 years old

UNITED MATERIAL HANDLING INC.

Date Approved

01/27/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

UNITED MATERIAL HANDLING INC.

Borrower Address

23900 Brodiaea Ave

Borrower City

Moreno Valley

Borrower State

CA

Borrower Zip

92553-8841

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587970.00

Current Approval Amount

587970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Moreno Valley

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92553-8841

CD

CA-39

Jobs Reported

48

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

587970.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

594107.44

Forgiveness Date

02/25/2022

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