Samtan Engineering Corporation
$400,472 PPP Loan in Malden, Massachusetts
Loan Details
- Loan Number
- 1115317107
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $400,472
- Current Approval
- $400,472
- Forgiveness Amount
- $402,655
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Samtan Engineering Corporation
- Address
- 127 Wyllis Ave
- City
- Malden
- State
- Massachusetts
- ZIP Code
- 02148-7525
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $9.0M
- Rural/Urban
- Urban
- Congressional District
- MA-05
Loan Use Breakdown
- Payroll
- $400,472
Lender Information
- Servicing Lender
- Cambridge Savings Bank
- Originating Lender
- Cambridge Savings Bank
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|---|---|---|
| Mystic Valley Elder Services | $2,750,000 | |
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| Distributor Corporation of New England | $2,222,400 | |
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| Piantedosi Baking Co INC | $2,000,000 |
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