PPP Loan information for Medside corporation

$1,600,000

Medside corporation was initially approved for PPP Loan of amount $2,087,180, the current approved amount is $1,600,000. The loan was approved on 04/27/2020 by The Colony Bank reported 344 jobs and $1,600,000 was used to fund payroll.

Medside corporation is Existing or more than 2 years old

MEDSIDE CORPORATION

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MEDSIDE CORPORATION

Borrower Address

1120 Hope Road

Borrower City

Sandy Springs

Borrower State

GA

Borrower Zip

30350-2957

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2087180.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19444

Servicing Lender Name

Colony Bank

Servicing Lender Address

115 S Grant St

Servicing Lender City

FITZGERALD

Servicing Lender State

GA

Servicing Lender Zip

31750-2902

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sandy Springs

Project County Name

FULTON

Project State

GA

Project Zip

30350-2957

CD

GA-06

Jobs Reported

344

NAICS Code

621610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1600000.00

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

19444

Originating Lender

Colony Bank

Originating Lender City

FITZGERALD

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1619682.19

Forgiveness Date

08/11/2021

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