PPP Loan information for Direct mail processors inc

$2,201,870

Direct mail processors inc was initially approved for PPP Loan of amount $2,201,870, the current approved amount is $2,201,870. The loan was approved on 05/07/2020 by The Middletown Valley Bank reported 485 jobs and $2,201,870 was used to fund payroll.

Direct mail processors inc is Existing or more than 2 years old

PPP Loan Search / MD / HAGERSTOWN / Direct mail processors inc

DIRECT MAIL PROCESSORS INC

Date Approved

05/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DIRECT MAIL PROCESSORS INC

Borrower Address

1150 CONRAD CT

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740-5905

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2201870.00

Current Approval Amount

2201870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAGERSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-5905

CD

MD-06

Jobs Reported

485

NAICS Code

561431

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2201870.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2226274.06

Forgiveness Date

06/16/2021

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