PPP Loan information for Mid-atlantic installers inc

$197,890

Mid-atlantic installers inc was initially approved for PPP Loan of amount $197,890, the current approved amount is $197,890. The loan was approved on 03/24/2021 by The Southern Bank and Trust Company reported 17 jobs and $197,890 was used to fund payroll.

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

PPP Loan Search / VA / Newport News / Mid-atlantic installers inc

MID-ATLANTIC INSTALLERS INC

Date Approved

03/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MID-ATLANTIC INSTALLERS INC

Borrower Address

12674 Patrick Henry Dr

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23602-9529

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197890.00

Current Approval Amount

197890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23602-9529

CD

VA-03

Jobs Reported

17

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197888.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199621.54

Forgiveness Date

02/09/2022

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