PPP Loan information for Medinstill development llc

$577,073

Medinstill development llc was initially approved for PPP Loan of amount $577,073, the current approved amount is $577,073. The loan was approved on 04/28/2020 by The Interaudi Bank reported 30 jobs and $577,073 was used to fund payroll.

Medinstill development llc is Existing or more than 2 years old

MEDINSTILL DEVELOPMENT LLC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MEDINSTILL DEVELOPMENT LLC

Borrower Address

201 HOUSATONIC AVENUE

Borrower City

NEW MILFORD

Borrower State

CT

Borrower Zip

06776-5540

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

577073.07

Current Approval Amount

577073.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47612

Servicing Lender Name

Interaudi Bank

Servicing Lender Address

19 E 54th St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10022-3106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW MILFORD

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06776-0001

CD

CT-05

Jobs Reported

30

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

144268.27

Payroll Proceed

432804.80

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

Partnership

Originating Lender Location Id

47612

Originating Lender

Interaudi Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

581452.50

Forgiveness Date

02/09/2021

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