PPP Loan information for Medicom education group

$252,880

Medicom education group was initially approved for PPP Loan of amount $252,880, the current approved amount is $252,880. The loan was approved on 05/18/2020 by The The First National Bank and Trust Company of Newtown reported 18 jobs and $252,880 was used to fund payroll.

Medicom education group is Existing or more than 2 years old

PPP Loan Search / PA / MORRISVILLE / Medicom education group

MEDICOM EDUCATION GROUP

Date Approved

05/18/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MEDICOM EDUCATION GROUP

Borrower Address

101 WASHINGTON STREET

Borrower City

MORRISVILLE

Borrower State

PA

Borrower Zip

19067

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252880.00

Current Approval Amount

252880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61158

Servicing Lender Name

The First National Bank and Trust Company of Newtown

Servicing Lender Address

40 S State St

Servicing Lender City

NEWTOWN

Servicing Lender State

PA

Servicing Lender Zip

18940-1953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

BUCKS

Project State

PA

Project Zip

19067-0001

CD

PA-01

Jobs Reported

18

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25288.00

Payroll Proceed

202304.00

Mortgage Interest Proceed

0.00

Rent Proceed

25288.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

61158

Originating Lender

The First National Bank and Trust Company of Newtown

Originating Lender City

NEWTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

244104.38

Forgiveness Date

11/19/2020

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