PPP Loan information for Newland medical associates pc

$1,138,100

Newland medical associates pc was initially approved for PPP Loan of amount $1,138,100, the current approved amount is $1,138,100. The loan was approved on 04/28/2020 by The First Merchants Bank reported 57 jobs and $1,138,100 was used to fund payroll.

Newland medical associates pc is Existing or more than 2 years old

PPP Loan Search / MI / FRANKLIN / Newland medical associates pc

NEWLAND MEDICAL ASSOCIATES PC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWLAND MEDICAL ASSOCIATES PC

Borrower Address

31500 Telegraph Road, Suite 010

Borrower City

FRANKLIN

Borrower State

MI

Borrower Zip

48025

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1138100.00

Current Approval Amount

1138100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-0001

CD

MI-12

Jobs Reported

57

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1138100.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1149293.92

Forgiveness Date

04/29/2021

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