PPP Loan information for Medica corporation

$2,441,965

Medica corporation was initially approved for PPP Loan of amount $2,441,965, the current approved amount is $2,441,965. The loan was approved on 04/13/2020 by The Rockland Trust Company reported 161 jobs and $2,441,965 was used to fund payroll.

Medica corporation is Existing or more than 2 years old

MEDICA CORPORATION

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MEDICA CORPORATION

Borrower Address

5 Oak Park Drive

Borrower City

Bedford

Borrower State

MA

Borrower Zip

01730-1430

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2441965.00

Current Approval Amount

2441965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01730-1430

CD

MA-06

Jobs Reported

161

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2441965.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2469979.77

Forgiveness Date

06/11/2021

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