PPP Loan information for Midatlantic parts distributors, inc.

$195,745

Midatlantic parts distributors, inc. was initially approved for PPP Loan of amount $195,745, the current approved amount is $195,745. The loan was approved on 04/13/2020 by The Wilmington Savings Fund Society, FSB reported 11 jobs and $195,745 was used to fund payroll.

Midatlantic parts distributors, inc. is Existing or more than 2 years old

MIDATLANTIC PARTS DISTRIBUTORS, INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MIDATLANTIC PARTS DISTRIBUTORS, INC.

Borrower Address

858 SUSSEX BLVD

Borrower City

BROOMALL

Borrower State

PA

Borrower Zip

19008-4309

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195745.00

Current Approval Amount

195745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOMALL

Project County Name

DELAWARE

Project State

PA

Project Zip

19008-4309

CD

PA-05

Jobs Reported

11

NAICS Code

423620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195745.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197809.71

Forgiveness Date

05/20/2021

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