PPP Loan information for Med associates, inc

$984,200

Med associates, inc was initially approved for PPP Loan of amount $984,200, the current approved amount is $984,200. The loan was approved on 04/03/2020 by The Peoples Trust Company of St. Albans reported 73 jobs and $984,200 was used to fund payroll.

Med associates, inc is Existing or more than 2 years old

PPP Loan Search / VT / FAIRFAX / Med associates, inc

MED ASSOCIATES, INC

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MED ASSOCIATES, INC

Borrower Address

166 Industrial Park Road

Borrower City

FAIRFAX

Borrower State

VT

Borrower Zip

05454-4452

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

984200.00

Current Approval Amount

984200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73031

Servicing Lender Name

Peoples Trust Company of St. Albans

Servicing Lender Address

25 Kingman St

Servicing Lender City

SAINT ALBANS

Servicing Lender State

VT

Servicing Lender Zip

05478-2025

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFAX

Project County Name

FRANKLIN

Project State

VT

Project Zip

05454-4452

CD

VT-

Jobs Reported

73

NAICS Code

621511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

984200.00

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

Subchapter S Corporation

Originating Lender Location Id

73031

Originating Lender

Peoples Trust Company of St. Albans

Originating Lender City

SAINT ALBANS

Originating Lender State

VT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

979618.15

Forgiveness Date

11/03/2020

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