PPP Loan information for Mid-atlantic drainage, inc.

$489,152

Mid-atlantic drainage, inc. was initially approved for PPP Loan of amount $489,153, the current approved amount is $489,152. The loan was approved on 04/11/2020 by The SouthState Bank, National Association reported 50 jobs and $489,152 was used to fund payroll.

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

MID-ATLANTIC DRAINAGE, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MID-ATLANTIC DRAINAGE, INC.

Borrower Address

105 GE PLANT RD

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489152.50

Current Approval Amount

489152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONOVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-0001

CD

NC-10

Jobs Reported

50

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

489152.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

493105.98

Forgiveness Date

02/16/2021

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