Material Systems Inc.

$200,000 PPP Loan in Childersburg, Alabama

Loan Details

Loan Number
2989348510
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$200,000
Current Approval
$200,000
Forgiveness Amount
$202,060
Forgiveness Date
Mar 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Material Systems Inc.
Address
150 Hollywood Blvd N/a
State
Alabama
ZIP Code
35044-1052
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332439)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$199,995
Utilities
$1

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Customers Bank

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