PPP Loan information for Microvest capital management

$502,900

Microvest capital management was initially approved for PPP Loan of amount $502,900, the current approved amount is $502,900. The loan was approved on 04/28/2020 by The Univest Bank and Trust Co. reported 22 jobs and $502,900 was used to fund payroll.

Microvest capital management is Existing or more than 2 years old

MICROVEST CAPITAL MANAGEMENT

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MICROVEST CAPITAL MANAGEMENT

Borrower Address

7315 Wisconsin Ave

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

502900.00

Current Approval Amount

502900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-0001

CD

MD-08

Jobs Reported

22

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

502900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

507460.55

Forgiveness Date

04/08/2021

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