PPP Loan information for Mid south produce distributors, inc.

$555,400

Mid south produce distributors, inc. was initially approved for PPP Loan of amount $555,400, the current approved amount is $555,400. The loan was approved on 04/15/2020 by The TowneBank reported 54 jobs and $555,400 was used to fund payroll.

Mid south produce distributors, inc. is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Mid south produce distributors, inc.

MID SOUTH PRODUCE DISTRIBUTORS, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MID SOUTH PRODUCE DISTRIBUTORS, INC.

Borrower Address

200 Golden Oak Court, Suite 250

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-8501

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

555400.00

Current Approval Amount

555400.00

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

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-8501

CD

VA-02

Jobs Reported

54

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

555400.00

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

559102.67

Forgiveness Date

12/28/2020

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