PPP Loan information for Mdb painting inc

$120,300

Mdb painting inc was initially approved for PPP Loan of amount $120,300, the current approved amount is $120,300. The loan was approved on 03/16/2021 by The Summit Community Bank, Inc. reported 15 jobs and $120,300 was used to fund payroll.

Mdb painting inc is Existing or more than 2 years old

MDB PAINTING INC

Date Approved

03/16/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MDB PAINTING INC

Borrower Address

21690 Red Rum Dr Ste 132

Borrower City

Ashburn

Borrower State

VA

Borrower Zip

20147-5875

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120300.00

Current Approval Amount

120300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashburn

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-5875

CD

VA-10

Jobs Reported

15

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

120295.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121526.39

Forgiveness Date

03/21/2022

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