Monahan Technologies Inc.

$296,300 PPP Loan in Tewksbury, Massachusetts

Loan Details

Loan Number
6833467103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$296,300
Current Approval
$296,300
Forgiveness Amount
$297,952
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Monahan Technologies Inc.
Address
525 Woburn St
ZIP Code
01876-3403
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$268,000
Rent
$10,000
Utilities
$2,318
Health Care
$14,292
Debt Interest
$1,690

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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