PPP Loan information for Mid-atlantic equity consortium inc

$202,229

Mid-atlantic equity consortium inc was initially approved for PPP Loan of amount $252,200, the current approved amount is $202,229. The loan was approved on 04/14/2020 by The Truist Bank reported 14 jobs and $202,229 was used to fund payroll.

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

MID-ATLANTIC EQUITY CONSORTIUM INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MID-ATLANTIC EQUITY CONSORTIUM INC

Borrower Address

5272 RIVER RD #340

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20816-1437

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252200.00

Current Approval Amount

202228.78

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

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20816-1437

CD

MD-08

Jobs Reported

14

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

202228.78

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203992.66

Forgiveness Date

03/05/2021

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