PPP Loan information for Mid-atlantic crane & equipment co inc

$976,478

Mid-atlantic crane & equipment co inc was initially approved for PPP Loan of amount $976,478, the current approved amount is $976,478. The loan was approved on 01/30/2021 by The First Horizon Bank reported 62 jobs and $976,478 was used to fund payroll.

Mid-atlantic crane & equipment co inc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Mid-atlantic crane & equipment co inc

MID-ATLANTIC CRANE & EQUIPMENT CO INC

Date Approved

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MID-ATLANTIC CRANE & EQUIPMENT CO INC

Borrower Address

3224 Northside Dr

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27615-4125

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

976477.50

Current Approval Amount

976477.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27615-4125

CD

NC-02

Jobs Reported

62

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

976472.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

984723.31

Forgiveness Date

12/15/2021

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