Archimedic, Inc.

$512,600 PPP Loan in Waltham, Massachusetts

Loan Details

Loan Number
5158987205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$512,600
Current Approval
$512,600
Forgiveness Amount
$517,459
Forgiveness Date
Apr 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Archimedic, Inc.
Address
204 2nd Ave
ZIP Code
02451
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$440,579
Rent
$70,521
Utilities
$1,500

Lender Information

Servicing Lender
Meridian Bank
Originating Lender
Meridian Bank

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