Lab Medical Manufacturing, Inc.

$923,000 PPP Loan in Billerica, Massachusetts

Loan Details

Loan Number
8755507105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$923,000
Current Approval
$923,000
Forgiveness Amount
$931,825
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lab Medical Manufacturing, Inc.
Address
28 Cook St
ZIP Code
01821-6060
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$692,250
Utilities
$230,750

Lender Information

Servicing Lender
Cambridge Savings Bank
Originating Lender
Cambridge Savings Bank

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