PPP Loan information for Housing development corporation midatlantic

$1,770,600

Housing development corporation midatlantic was initially approved for PPP Loan of amount $1,770,600, the current approved amount is $1,770,600. The loan was approved on 04/27/2020 by The Orrstown Bank reported 155 jobs and $1,770,600 was used to fund payroll.

Housing development corporation midatlantic is Existing or more than 2 years old

HOUSING DEVELOPMENT CORPORATION MIDATLANTIC

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

HOUSING DEVELOPMENT CORPORATION MIDATLANTIC

Borrower Address

4 6 West KING ST Suite 4

Borrower City

LANCASTER

Borrower State

PA

Borrower Zip

17603-3824

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1770600.00

Current Approval Amount

1770600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LANCASTER

Project State

PA

Project Zip

17603-3824

CD

PA-11

Jobs Reported

155

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1770600.00

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

Non-Profit Organization

Originating Lender Location Id

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1793593.55

Forgiveness Date

08/19/2021

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