PPP Loan information for Mid-atlantic builders inc

$918,800

Mid-atlantic builders inc was initially approved for PPP Loan of amount $918,800, the current approved amount is $918,800. The loan was approved on 04/13/2020 by The Truist Bank reported 45 jobs and $918,800 was used to fund payroll.

Mid-atlantic builders inc is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Mid-atlantic builders inc

MID-ATLANTIC BUILDERS INC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MID-ATLANTIC BUILDERS INC

Borrower Address

11611 OLD GEORGETOWN RD

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-2708

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

918800.00

Current Approval Amount

918800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-2708

CD

MD-08

Jobs Reported

45

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

918800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

927554.12

Forgiveness Date

03/31/2021

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