MATTEO'S 40, INC (DE) - 2020 PPP Loan Borrower Profile (# 7776497708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MATTEO'S 40, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number
7776497708
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$51,000
Date Loan was Approved
May 1, 2020
Amount Forgiven
$40,074.5
Date Loan was Forgiven
Jan 4, 2022
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
51,000
Lender
PNC Bank, National Association

Business Detail

Business Type
Corporation
NAICS
Borrower Location
FENWICK ISLAND, DE
Project Location
FENWICK ISLAND, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Unanswered
Data Source: SBA.