Materials Development Corp
$266,850 PPP Loan in Andover, Massachusetts
Loan Details
- Loan Number
- 9324107302
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $266,850
- Current Approval
- $266,850
- Forgiveness Amount
- $263,353
- Forgiveness Date
- Nov 24, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Materials Development Corp
- Address
- 10 Lowell Junction Rd
- City
- Andover
- State
- Massachusetts
- ZIP Code
- 01810-5906
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (325998)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- $18.8M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $266,850
Lender Information
- Servicing Lender
- Bank of America, National Association
- Originating Lender
- Bank of America, National Association
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