Machining Technologies, Ltd.

$210,000 PPP Loan in Oxford, Massachusetts

Loan Details

Loan Number
8092427005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$210,000
Current Approval
$210,000
Forgiveness Amount
$211,173
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Machining Technologies, Ltd.
Address
43 Town Forest Rd
City
Oxford
ZIP Code
01540-2845
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$205,000
Rent
$2,500
Utilities
$2,500

Lender Information

Servicing Lender
Webster Five Cents Savings Bank
Originating Lender
Webster Five Cents Savings Bank

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