PPP Loan information for Mid-atlantic business communications inc.

$398,000

Mid-atlantic business communications inc. was initially approved for PPP Loan of amount $398,000, the current approved amount is $398,000. The loan was approved on 01/28/2021 by The TowneBank reported 30 jobs and $398,000 was used to fund payroll.

Mid-atlantic business communications inc. is Existing or more than 2 years old

PPP Loan Search / VA / Portsmouth / Mid-atlantic business communications inc.

MID-ATLANTIC BUSINESS COMMUNICATIONS INC.

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MID-ATLANTIC BUSINESS COMMUNICATIONS INC.

Borrower Address

701 Port Centre Pkwy

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23704-5909

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398000.00

Current Approval Amount

398000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-5909

CD

VA-03

Jobs Reported

30

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400023.17

Forgiveness Date

08/06/2021

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