PPP Loan information for Midax, inc

$144,007

Midax, inc was initially approved for PPP Loan of amount $144,007, the current approved amount is $144,007. The loan was approved on 02/10/2021 by The First Horizon Bank reported 8 jobs and $144,007 was used to fund payroll.

Midax, inc is Existing or more than 2 years old

MIDAX, INC

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MIDAX, INC

Borrower Address

106 Heron Pointe Dr

Borrower City

Cape Charles

Borrower State

VA

Borrower Zip

23310-2397

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144007.00

Current Approval Amount

144007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape Charles

Project County Name

NORTHAMPTON

Project State

VA

Project Zip

23310-2397

CD

VA-02

Jobs Reported

8

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144006.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145003.05

Forgiveness Date

10/22/2021

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