PPP Loan information for Medchi insurance agency inc.

$226,385

Medchi insurance agency inc. was initially approved for PPP Loan of amount $226,385, the current approved amount is $226,385. The loan was approved on 02/10/2021 by The Manufacturers and Traders Trust Company reported 13 jobs and $226,385 was used to fund payroll.

Medchi insurance agency inc. is Existing or more than 2 years old

PPP Loan Search / MD / Baltimore / Medchi insurance agency inc.

MEDCHI INSURANCE AGENCY INC.

Date Approved

02/10/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MEDCHI INSURANCE AGENCY INC.

Borrower Address

1204 Maryland Ave

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21201-5512

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226385.00

Current Approval Amount

226385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21201-5512

CD

MD-07

Jobs Reported

13

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

226385.00

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

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227538.63

Forgiveness Date

09/01/2021

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