PPP Loan information for Midlantic financial inc

$142,930

Midlantic financial inc was initially approved for PPP Loan of amount $142,930, the current approved amount is $142,930. The loan was approved on 04/27/2020 by The EagleBank reported 14 jobs and $142,930 was used to fund payroll.

Midlantic financial inc is New Business or 2 years or less

PPP Loan Search / MD / ELDERSBURG / Midlantic financial inc

MIDLANTIC FINANCIAL INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MIDLANTIC FINANCIAL INC

Borrower Address

619 GREEN VALLEY WAY

Borrower City

ELDERSBURG

Borrower State

MD

Borrower Zip

21784

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142930.00

Current Approval Amount

142930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELDERSBURG

Project County Name

CARROLL

Project State

MD

Project Zip

21784-0001

CD

MD-02

Jobs Reported

14

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

142930.00

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

Corporation

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

144264.01

Forgiveness Date

04/01/2021

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