Mega-Power, Inc.
$411,400 PPP Loan in Newton Upper Falls, Massachusetts
Loan Details
- Loan Number
- 6898377101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $411,400
- Current Approval
- $411,400
- Forgiveness Amount
- $413,891
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mega-Power, Inc.
- Address
- 44 Oak Street
- State
- Massachusetts
- ZIP Code
- 02464-1461
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $6.1M
- Rural/Urban
- Urban
- Congressional District
- MA-04
Loan Use Breakdown
- Payroll
- $329,120
- Rent
- $72,780
- Utilities
- $9,500
Lender Information
- Servicing Lender
- Middlesex Savings Bank
- Originating Lender
- Middlesex Savings Bank
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