PPP Loan information for Midlantic sales group, inc.

$40,500

Midlantic sales group, inc. was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 05/13/2020 by The Shore United Bank, National Association reported 4 jobs and $40,500 was used to fund payroll.

Midlantic sales group, inc. is Existing or more than 2 years old

PPP Loan Search / MD / STEVENSVILLE / Midlantic sales group, inc.

MIDLANTIC SALES GROUP, INC.

Date Approved

05/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MIDLANTIC SALES GROUP, INC.

Borrower Address

201 LOVE POINT RD STE C

Borrower City

STEVENSVILLE

Borrower State

MD

Borrower Zip

21666-2131

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STEVENSVILLE

Project County Name

QUEEN ANNES

Project State

MD

Project Zip

21666-2131

CD

MD-01

Jobs Reported

4

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40847.30

Forgiveness Date

03/31/2021

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