PPP Loan information for Masdac, llc

$481,329

Masdac, llc was initially approved for PPP Loan of amount $880,000, the current approved amount is $481,329. The loan was approved on 04/07/2020 by The BayFirst National Bank reported 22 jobs and $481,329 was used to fund payroll.

Masdac, llc is Existing or more than 2 years old

MASDAC, LLC

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MASDAC, LLC

Borrower Address

1135 pheasant lane

Borrower City

COLLEGEVILLE

Borrower State

PA

Borrower Zip

19426-1028

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

880000.00

Current Approval Amount

481329.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLEGEVILLE

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19426-1028

CD

PA-04

Jobs Reported

22

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

481329.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

484480.72

Forgiveness Date

12/22/2020

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