Matrix Drilling Products Co

$545,030 PPP Loan in Lewisburg, Tennessee

Loan Details

Loan Number
2169607209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$545,030
Current Approval
$545,030
Forgiveness Amount
$549,436
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matrix Drilling Products Co
Address
1661 Old Belfast Rd
ZIP Code
37091-7179
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$17.6M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$394,993
Rent
$89,803
Utilities
$14,600
Health Care
$45,634

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Capstar Bank, a Division of Old National Bank

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