PPP Loan information for THE MEDICAL TEAM, INC.
$10,000,000

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

Loans associated with THE MEDICAL TEAM, INC.
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