PPP Loan information for Mid atlantic construction group, llc

$615,000

Mid atlantic construction group, llc was initially approved for PPP Loan of amount $473,000, the current approved amount is $615,000. The loan was approved on 04/09/2020 by The Truist Bank reported 40 jobs and $615,000 was used to fund payroll.

Mid atlantic construction group, llc is Existing or more than 2 years old

PPP Loan Search / VA / FREDERICKSBURG / Mid atlantic construction group, llc

MID ATLANTIC CONSTRUCTION GROUP, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MID ATLANTIC CONSTRUCTION GROUP, LLC

Borrower Address

505 LENDALL LANE

Borrower City

FREDERICKSBURG

Borrower State

VA

Borrower Zip

22405-1514

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473000.00

Current Approval Amount

615000.00

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

FREDERICKSBURG

Project County Name

STAFFORD

Project State

VA

Project Zip

22405-1514

CD

VA-07

Jobs Reported

40

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

615000.00

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

Limited Liability Company(LLC)

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

620039.58

Forgiveness Date

02/25/2021

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