PPP Loan information for Mdi manufacturing inc

$400,000

Mdi manufacturing inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 03/17/2021 by The PNC Bank, National Association reported 29 jobs and $400,000 was used to fund payroll.

Mdi manufacturing inc is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / Mdi manufacturing inc

MDI MANUFACTURING INC

Date Approved

03/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MDI MANUFACTURING INC

Borrower Address

100 Syracuse Ct 100 Syracuse Ct

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-6909

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-6909

CD

NJ-04

Jobs Reported

29

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

399998.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402655.56

Forgiveness Date

11/15/2021

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