PPP Loan information for Medical concepts inc

$53,750

Medical concepts inc was initially approved for PPP Loan of amount $53,750, the current approved amount is $53,750. The loan was approved on 01/28/2021 by The First Resource Bank reported 2 jobs and $53,750 was used to fund payroll.

Medical concepts inc is Existing or more than 2 years old

MEDICAL CONCEPTS INC

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MEDICAL CONCEPTS INC

Borrower Address

700 Lancaster Ave

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355-1812

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53750.00

Current Approval Amount

53750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434113

Servicing Lender Name

First Resource Bank

Servicing Lender Address

1 E Uwchlan Ave, Ste 410

Servicing Lender City

EXTON

Servicing Lender State

PA

Servicing Lender Zip

19341-1271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-1812

CD

PA-06

Jobs Reported

2

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

53748.00

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

434113

Originating Lender

First Resource Bank

Originating Lender City

EXTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

53953.06

Forgiveness Date

06/15/2021

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