PPP Loan information for Mid atlantic contracting, inc.

$602,347

Mid atlantic contracting, inc. was initially approved for PPP Loan of amount $602,347, the current approved amount is $602,347. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 40 jobs and $602,347 was used to fund payroll.

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

MID ATLANTIC CONTRACTING, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MID ATLANTIC CONTRACTING, INC.

Borrower Address

7749 Woodbine Road

Borrower City

WOODBINE

Borrower State

MD

Borrower Zip

21797-8901

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

602347.00

Current Approval Amount

602347.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODBINE

Project County Name

HOWARD

Project State

MD

Project Zip

21797-8901

CD

MD-03

Jobs Reported

40

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

602347.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

610383.79

Forgiveness Date

08/23/2021

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