PPP Loan information for Mid-atlantic infrastructure systems inc.

$1,194,171

Mid-atlantic infrastructure systems inc. was initially approved for PPP Loan of amount $1,194,171, the current approved amount is $1,194,171. The loan was approved on 04/08/2020 by The First Horizon Bank reported 103 jobs and $1,194,171 was used to fund payroll.

Mid-atlantic infrastructure systems inc. is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Mid-atlantic infrastructure systems inc.

MID-ATLANTIC INFRASTRUCTURE SYSTEMS INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MID-ATLANTIC INFRASTRUCTURE SYSTEMS INC.

Borrower Address

975 Pinebrook Knolls Drive

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27105-5076

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

1194170.75

Current Approval Amount

1194170.75

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

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-5076

CD

NC-05

Jobs Reported

103

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

1031170.75

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78000.00

Debt Interest Proceed

25000

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

1205482.20

Forgiveness Date

03/31/2021

;