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 01/23/2021 by The Meridian Bank reported 93 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

01/23/2021

SBA Office Code

0303

Processing Method

PPS

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

10/21/2021

Loan Status

Paid in Full

Term

60

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

93

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1661498.00

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

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

1670831.71

Forgiveness Date

09/07/2021

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