PPP Loan information for Macadam company, inc.

$1,661,500

Macadam company, inc. was initially approved for PPP Loan of amount $1,661,500, the current approved amount is $1,661,500. The loan was approved on 04/12/2020 by The Meridian Bank reported 105 jobs and $1,661,500 was used to fund payroll.

Macadam company, inc. is Existing or more than 2 years old

PPP Loan Search / PA / MALVERN / Macadam company, inc.

MACADAM COMPANY, INC.

Date Approved

04/12/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MACADAM COMPANY, INC.

Borrower Address

26 N. BACTON HILL RD

Borrower City

MALVERN

Borrower State

PA

Borrower Zip

19355-1006

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1661500.00

Current Approval Amount

1661500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

CHESTER

Project State

PA

Project Zip

19355-1006

CD

PA-06

Jobs Reported

105

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33230.00

Payroll Proceed

1412275.00

Mortgage Interest Proceed

83075.00

Rent Proceed

132920.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1672333.89

Forgiveness Date

12/15/2020

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