THE MEDICAL TEAM, INC. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000.
The loan was approved on 04/27/2020 by Sonabank, VA. THE MEDICAL TEAM, INC. reported 500 jobs and $10,000,000 was used to fund payroll.
THE MEDICAL TEAM, INC. is Subchapter S Corporation business based in 1902 Campus Commons Drive Suite 650, Reston, VA 20191
| Items | Values |
|---|---|
| LoanNumber | 4870557204 |
| DateApproved | 04/27/2020 |
| SBAOfficeCode | 0353 |
| ProcessingMethod | PPP |
| BorrowerName | THE MEDICAL TEAM, INC. |
| BorrowerAddress | 1902 Campus Commons Drive Suite 650 |
| BorrowerCity | Reston |
| BorrowerState | VA |
| BorrowerZip | 20191 |
| LoanStatusDate | |
| LoanStatus | Exemption 4 |
| Term | 24 |
| SBAGuarantyPercentage | 100 |
| InitialApprovalAmount | $10,000,000 |
| CurrentApprovalAmount | $10,000,000 |
| UndisbursedAmount | 0 |
| FranchiseName | |
| ServicingLenderLocationID | 434059 |
| ServicingLenderName | Sonabank |
| ServicingLenderAddress | 10900 Nuckols Rd, Ste 325 |
| ServicingLenderCity | GLEN ALLEN |
| ServicingLenderState | VA |
| ServicingLenderZip | 23060-9288 |
| RuralUrbanIndicator | U |
| HubzoneIndicator | N |
| LMIIndicator | N |
| BusinessAgeDescription | Existing or more than 2 years old |
| ProjectCity | Reston |
| ProjectCountyName | FAIRFAX |
| ProjectState | VA |
| ProjectZip | 20191-1100 |
| CD | VA-11 |
| JobsReported | 500 |
| NAICSCode | 621610 |
| Race | Unanswered |
| Ethnicity | Unknown/NotStated |
| UTILITIES_PROCEED | |
| PAYROLL_PROCEED | 10000000 |
| MORTGAGE_INTEREST_PROCEED | |
| RENT_PROCEED | |
| REFINANCE_EIDL_PROCEED | |
| HEALTH_CARE_PROCEED | |
| DEBT_INTEREST_PROCEED | |
| BusinessType | Subchapter S Corporation |
| OriginatingLenderLocationID | 434059 |
| OriginatingLender | Sonabank |
| OriginatingLenderCity | GLEN ALLEN |
| OriginatingLenderState | VA |
| Gender | Male Owned |
| Veteran | Non-Veteran |
| NonProfit |