PPP Loan information for Med inc

$445,200

Med inc was initially approved for PPP Loan of amount $445,200, the current approved amount is $445,200. The loan was approved on 04/14/2020 by The Blue Ridge Bank, National Association reported 30 jobs and $445,200 was used to fund payroll.

Med inc is Existing or more than 2 years old

MED INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MED INC

Borrower Address

9100 Arboretum Parkway Ste 130

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23236-3471

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445200.00

Current Approval Amount

445200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23236-3471

CD

VA-01

Jobs Reported

30

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

392476.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21724.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

447673.33

Forgiveness Date

11/05/2020

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