PPP Loan information for Mid-atlantic erosion control, inc

$55,300

Mid-atlantic erosion control, inc was initially approved for PPP Loan of amount $55,300, the current approved amount is $55,300. The loan was approved on 04/28/2020 by The Peoples Bank reported 5 jobs and $55,300 was used to fund payroll.

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

MID-ATLANTIC EROSION CONTROL, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MID-ATLANTIC EROSION CONTROL, INC

Borrower Address

3395 Denver Dr

Borrower City

DENVER

Borrower State

NC

Borrower Zip

28037

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55300.00

Current Approval Amount

55300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

LINCOLN

Project State

NC

Project Zip

28037-0001

CD

NC-10

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55300.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55634.87

Forgiveness Date

12/10/2020

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