PPP Loan information for Massad managment corp

$537,955

Massad managment corp was initially approved for PPP Loan of amount $537,955, the current approved amount is $537,955. The loan was approved on 02/12/2021 by The Citizens and Farmers Bank reported 48 jobs and $537,955 was used to fund payroll.

Massad managment corp is Existing or more than 2 years old

MASSAD MANAGMENT CORP

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MASSAD MANAGMENT CORP

Borrower Address

7910 W Broad St

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23294-6302

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

537955.00

Current Approval Amount

537955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

HENRICO

Project State

VA

Project Zip

23294-6302

CD

VA-01

Jobs Reported

48

NAICS Code

442110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

537951.00

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

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

542067.04

Forgiveness Date

11/24/2021

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