PPP Loan information for Midi labs, inc.

$135,450

Midi labs, inc. was initially approved for PPP Loan of amount $135,450, the current approved amount is $135,450. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 10 jobs and $135,450 was used to fund payroll.

Midi labs, inc. is Existing or more than 2 years old

MIDI LABS, INC.

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MIDI LABS, INC.

Borrower Address

125 Sandy Drive

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135450.00

Current Approval Amount

135450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-1003

CD

DE-

Jobs Reported

10

NAICS Code

541380

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113650.00

Mortgage Interest Proceed

0.00

Rent Proceed

12600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

108256.90

Forgiveness Date

11/23/2020

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