PPP Loan information for Medac health services, p.a.

$397,000

Medac health services, p.a. was initially approved for PPP Loan of amount $397,000, the current approved amount is $397,000. The loan was approved on 04/11/2020 by The Cadence Bank reported 22 jobs and $397,000 was used to fund payroll.

Medac health services, p.a. is Existing or more than 2 years old

PPP Loan Search / NC / WILMINGTON / Medac health services, p.a.

MEDAC HEALTH SERVICES, P.A.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MEDAC HEALTH SERVICES, P.A.

Borrower Address

4402 SHIPYARD BLVD

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28403-6161

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397000.00

Current Approval Amount

397000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28403-6161

CD

NC-07

Jobs Reported

22

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

397000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401653.72

Forgiveness Date

06/17/2021

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