Acoustic Technology INC

$656,000 PPP Loan in East Boston, Massachusetts

Loan Details

Loan Number
5627457105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$656,000
Current Approval
$612,300
Forgiveness Amount
$617,165
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Acoustic Technology INC
Address
30 Jeffries Street
ZIP Code
02128-2211
Business Type
Corporation
Industry (NAICS)
Manufacturing (334290)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
MA-07

Loan Use Breakdown

Payroll
$612,300

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Svb, a Division of First-Citizens Bank and Trust Company

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