PPP Loan information for Mid-atlantic companies, inc.

$369,200

Mid-atlantic companies, inc. was initially approved for PPP Loan of amount $36,900, the current approved amount is $369,200. The loan was approved on 04/11/2020 by The TowneBank reported 22 jobs and $369,200 was used to fund payroll.

Mid-atlantic companies, inc. is Existing or more than 2 years old

MID-ATLANTIC COMPANIES, INC.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MID-ATLANTIC COMPANIES, INC.

Borrower Address

1640 Donna Drive Suite 105

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-6136

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36900.00

Current Approval Amount

369200.00

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

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-6136

CD

VA-02

Jobs Reported

22

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

369200.00

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

Subchapter S 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

372820.21

Forgiveness Date

04/13/2021

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