PPP Loan information for Medullus systems inc.

$174,342

Medullus systems inc. was initially approved for PPP Loan of amount $174,342, the current approved amount is $174,342. The loan was approved on 04/26/2021 by The First Business Bank reported 8 jobs and $174,342 was used to fund payroll.

Medullus systems inc. is Existing or more than 2 years old

PPP Loan Search / NC / Cary / Medullus systems inc.

MEDULLUS SYSTEMS INC.

Date Approved

04/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MEDULLUS SYSTEMS INC.

Borrower Address

1416 Stratford Ridge Ln

Borrower City

Cary

Borrower State

NC

Borrower Zip

27519-9013

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174342.00

Current Approval Amount

174342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27519-9013

CD

NC-02

Jobs Reported

8

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174342.00

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

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175469.25

Forgiveness Date

12/21/2021

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