PPP Loan information for Mid-atlantic leasing corporation

$130,800

Mid-atlantic leasing corporation was initially approved for PPP Loan of amount $130,800, the current approved amount is $130,800. The loan was approved on 04/14/2020 by The TowneBank reported 13 jobs and $130,800 was used to fund payroll.

Mid-atlantic leasing corporation is Existing or more than 2 years old

MID-ATLANTIC LEASING CORPORATION

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MID-ATLANTIC LEASING CORPORATION

Borrower Address

4209 S Military Hwy

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23321

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130800.00

Current Approval Amount

130800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-0181

CD

VA-03

Jobs Reported

13

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131817.33

Forgiveness Date

02/02/2021

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