PPP Loan information for Midatlantic utilities inc

$423,748

Midatlantic utilities inc was initially approved for PPP Loan of amount $423,748, the current approved amount is $423,748. The loan was approved on 06/02/2020 by The Fulton Bank, National Association reported 29 jobs and $423,748 was used to fund payroll.

Midatlantic utilities inc is Existing or more than 2 years old

PPP Loan Search / PA / Carlisle / Midatlantic utilities inc

MIDATLANTIC UTILITIES INC

Date Approved

06/02/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MIDATLANTIC UTILITIES INC

Borrower Address

726 Petersburg Road

Borrower City

Carlisle

Borrower State

PA

Borrower Zip

17015-9231

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

423747.50

Current Approval Amount

423747.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlisle

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17015-9231

CD

PA-10

Jobs Reported

29

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50036.87

Payroll Proceed

317810.63

Mortgage Interest Proceed

55900.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

427949.66

Forgiveness Date

05/26/2021

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