PPP Loan information for Mid-atlantic control systems, inc

$470,700

Mid-atlantic control systems, inc was initially approved for PPP Loan of amount $470,700, the current approved amount is $470,700. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 49 jobs and $470,700 was used to fund payroll.

Mid-atlantic control systems, inc is Existing or more than 2 years old

PPP Loan Search / MD / MILLERSVILLE / Mid-atlantic control systems, inc

MID-ATLANTIC CONTROL SYSTEMS, INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MID-ATLANTIC CONTROL SYSTEMS, INC

Borrower Address

219 Najoles Road

Borrower City

MILLERSVILLE

Borrower State

MD

Borrower Zip

21108

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470700.00

Current Approval Amount

470700.00

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

MILLERSVILLE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21108-0001

CD

MD-03

Jobs Reported

49

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

117675.00

Payroll Proceed

353025.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

476838.44

Forgiveness Date

08/16/2021

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