PPP Loan information for Minority advancement in corporations, inc.

$196,825

Minority advancement in corporations, inc. was initially approved for PPP Loan of amount $196,825, the current approved amount is $196,825. The loan was approved on 04/30/2020 by The Truist Bank reported 15 jobs and $196,825 was used to fund payroll.

Minority advancement in corporations, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Accokeek / Minority advancement in corporations, inc.

MINORITY ADVANCEMENT IN CORPORATIONS, INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MINORITY ADVANCEMENT IN CORPORATIONS, INC.

Borrower Address

106 Whistling Wood Court

Borrower City

Accokeek

Borrower State

MD

Borrower Zip

20607

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196825.00

Current Approval Amount

196825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Accokeek

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20607-0001

CD

MD-05

Jobs Reported

15

NAICS Code

541611

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196825.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198880.73

Forgiveness Date

05/20/2021

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