PPP Loan information for Medbasics direct

$39,600

Medbasics direct was initially approved for PPP Loan of amount $39,600, the current approved amount is $39,600. The loan was approved on 04/10/2020 by The American National Bank and Trust Company reported 10 jobs and $39,600 was used to fund payroll.

Medbasics direct is New Business or 2 years or less

MEDBASICS DIRECT

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MEDBASICS DIRECT

Borrower Address

1135 FRANKLIN ST

Borrower City

ROCKY MOUNT

Borrower State

VA

Borrower Zip

24151-1248

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39600.00

Current Approval Amount

39600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROCKY MOUNT

Project County Name

FRANKLIN

Project State

VA

Project Zip

24151-1248

CD

VA-09

Jobs Reported

10

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39600.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39963.00

Forgiveness Date

03/15/2021

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