PPP Loan information for Mdr specialty distribution corporation

$154,000

Mdr specialty distribution corporation was initially approved for PPP Loan of amount $154,000, the current approved amount is $154,000. The loan was approved on 04/08/2020 by The The Old Point National Bank of Phoebus reported 13 jobs and $154,000 was used to fund payroll.

Mdr specialty distribution corporation is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Mdr specialty distribution corporation

MDR SPECIALTY DISTRIBUTION CORPORATION

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MDR SPECIALTY DISTRIBUTION CORPORATION

Borrower Address

230 ENTERPRISE DR

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23603-1300

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154000.00

Current Approval Amount

154000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23603-1300

CD

VA-03

Jobs Reported

13

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132828.00

Mortgage Interest Proceed

0.00

Rent Proceed

21172.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155296.17

Forgiveness Date

02/22/2021

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