PPP Loan information for Md associates llc

$258,240

Md associates llc was initially approved for PPP Loan of amount $258,240, the current approved amount is $258,240. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 32 jobs and $258,240 was used to fund payroll.

Md associates llc is New Business or 2 years or less

MD ASSOCIATES LLC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MD ASSOCIATES LLC

Borrower Address

400 HIGHLAND AVE

Borrower City

SOMERVILLE

Borrower State

MA

Borrower Zip

02144-2511

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258240.00

Current Approval Amount

258240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOMERVILLE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02144-2511

CD

MA-07

Jobs Reported

32

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258240.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261423.78

Forgiveness Date

07/29/2021

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