PPP Loan information for Atlantic development corporation

$65,652

Atlantic development corporation was initially approved for PPP Loan of amount $65,652, the current approved amount is $65,652. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 6 jobs and $65,652 was used to fund payroll.

Atlantic development corporation is Existing or more than 2 years old

PPP Loan Search / MA / ESSEX / Atlantic development corporation

ATLANTIC DEVELOPMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ATLANTIC DEVELOPMENT CORPORATION

Borrower Address

494 PO BOX

Borrower City

ESSEX

Borrower State

MA

Borrower Zip

01929-0009

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65652.00

Current Approval Amount

65652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESSEX

Project County Name

ESSEX

Project State

MA

Project Zip

01929-0009

CD

MA-06

Jobs Reported

6

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65652.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66200.60

Forgiveness Date

03/01/2021

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