PPP Loan information for Med advantage llc

$1,950,690

Med advantage llc was initially approved for PPP Loan of amount $1,950,690, the current approved amount is $1,950,690. The loan was approved on 04/13/2020 by The Provident Bank reported 158 jobs and $1,950,690 was used to fund payroll.

Med advantage llc is Existing or more than 2 years old

MED ADVANTAGE LLC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MED ADVANTAGE LLC

Borrower Address

2 BROAD ST

Borrower City

BLOOMFIELD

Borrower State

NJ

Borrower Zip

07003-2547

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950690.00

Current Approval Amount

1950690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07003-2547

CD

NJ-11

Jobs Reported

158

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1950690.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1971319.21

Forgiveness Date

05/12/2021

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