PPP Loan information for Midwood distributors inc

$155,882

Midwood distributors inc was initially approved for PPP Loan of amount $155,882, the current approved amount is $155,882. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 28 jobs and $155,882 was used to fund payroll.

Midwood distributors inc is New Business or 2 years or less

PPP Loan Search / NJ / Roselle / Midwood distributors inc

MIDWOOD DISTRIBUTORS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MIDWOOD DISTRIBUTORS INC

Borrower Address

209 E 11th Ave

Borrower City

Roselle

Borrower State

NJ

Borrower Zip

07203

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155882.00

Current Approval Amount

155882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Roselle

Project County Name

UNION

Project State

NJ

Project Zip

07203-0001

CD

NJ-10

Jobs Reported

28

NAICS Code

424210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155882.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158042.99

Forgiveness Date

09/23/2021

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