Material System Inc.

$247,500 PPP Loan in Childersburg, Alabama

Loan Details

Loan Number
7505227205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$247,500
Current Approval
$247,500
Forgiveness Amount
$249,425
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Material System Inc.
Address
150 Hollywood Blvd
State
Alabama
ZIP Code
35044-1052
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$247,500

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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