PPP Loan information for Md turbines inc

$650,000

Md turbines inc was initially approved for PPP Loan of amount $650,000, the current approved amount is $650,000. The loan was approved on 05/01/2020 by The Synovus Bank reported 88 jobs and $650,000 was used to fund payroll.

Md turbines inc is Existing or more than 2 years old

MD TURBINES INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MD TURBINES INC

Borrower Address

3850 W 108th St Suite 15

Borrower City

Hialeah

Borrower State

FL

Borrower Zip

33018-1264

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hialeah

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33018-1264

CD

FL-26

Jobs Reported

88

NAICS Code

811310

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

650000.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

657889.04

Forgiveness Date

07/21/2021

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