PPP Loan information for Medical place, inc.

$497,700

Medical place, inc. was initially approved for PPP Loan of amount $497,700, the current approved amount is $497,700. The loan was approved on 04/07/2020 by The ServisFirst Bank reported 40 jobs and $497,700 was used to fund payroll.

Medical place, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Medical place, inc.

MEDICAL PLACE, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEDICAL PLACE, INC.

Borrower Address

350 INDUSTRIAL PARK BLVD

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36117-5554

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497700.00

Current Approval Amount

497700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36117-5554

CD

AL-02

Jobs Reported

40

NAICS Code

423450

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24885.00

Payroll Proceed

373275.00

Mortgage Interest Proceed

0.00

Rent Proceed

99540.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502276.08

Forgiveness Date

03/11/2021

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