PPP Loan information for Mid-atlantic drilling inc.

$197,260

Mid-atlantic drilling inc. was initially approved for PPP Loan of amount $197,260, the current approved amount is $197,260. The loan was approved on 01/20/2021 by The Loan Source Incorporated reported 9 jobs and $197,260 was used to fund payroll.

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

PPP Loan Search / NC / Carolina Beach / Mid-atlantic drilling inc.

MID-ATLANTIC DRILLING INC.

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MID-ATLANTIC DRILLING INC.

Borrower Address

201 Peninsula Dr

Borrower City

Carolina Beach

Borrower State

NC

Borrower Zip

28428-4012

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197260.00

Current Approval Amount

197260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carolina Beach

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28428-4012

CD

NC-07

Jobs Reported

9

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197258.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199156.94

Forgiveness Date

01/13/2022

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