PPP Loan information for Mdc associates, inc.

$238,365

Mdc associates, inc. was initially approved for PPP Loan of amount $238,400, the current approved amount is $238,365. The loan was approved on 04/08/2020 by The SouthState Bank, National Association reported 16 jobs and $238,365 was used to fund payroll.

Mdc associates, inc. is New Business or 2 years or less

PPP Loan Search / MA / BEVERLY / Mdc associates, inc.

MDC ASSOCIATES, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MDC ASSOCIATES, INC.

Borrower Address

180 Cabot Street

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-5846

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238400.00

Current Approval Amount

238365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-5846

CD

MA-06

Jobs Reported

16

NAICS Code

621511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

238365.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239710.29

Forgiveness Date

11/03/2020

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