PPP Loan information for Mtm ventures inc

$397,268

Mtm ventures inc was initially approved for PPP Loan of amount $397,268, the current approved amount is $397,268. The loan was approved on 01/22/2021 by The BayVanguard Bank reported 39 jobs and $397,268 was used to fund payroll.

Mtm ventures inc is Existing or more than 2 years old

MTM VENTURES INC

Date Approved

01/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MTM VENTURES INC

Borrower Address

1007 Old Philadelphia Rd

Borrower City

Aberdeen

Borrower State

MD

Borrower Zip

21001-4026

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397267.50

Current Approval Amount

397267.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89333

Servicing Lender Name

BayVanguard Bank

Servicing Lender Address

7114 N Point Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21219-1220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

HARFORD

Project State

MD

Project Zip

21001-4026

CD

MD-01

Jobs Reported

39

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

397267.50

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

89333

Originating Lender

BayVanguard Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

399400.77

Forgiveness Date

08/10/2021

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