PPP Loan information for Md resource, llc

$419,400

Md resource, llc was initially approved for PPP Loan of amount $419,400, the current approved amount is $419,400. The loan was approved on 04/14/2020 by The Truist Bank reported 29 jobs and $419,400 was used to fund payroll.

Md resource, llc is Existing or more than 2 years old

MD RESOURCE, LLC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MD RESOURCE, LLC

Borrower Address

2019 Tate Spring Road

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24501-1111

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419400.00

Current Approval Amount

419400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-1111

CD

VA-05

Jobs Reported

29

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

419400.00

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

Partnership

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

424992.00

Forgiveness Date

08/23/2021

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