PPP Loan information for Mid atlantic logistics

$625,000

Mid atlantic logistics was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 04/09/2021 by The Economic and Community Development Institute reported 6 jobs and $625,000 was used to fund payroll.

Mid atlantic logistics is Existing or more than 2 years old

MID ATLANTIC LOGISTICS

Date Approved

04/09/2021

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MID ATLANTIC LOGISTICS

Borrower Address

1466 Crestwood Ave

Borrower City

Columbus

Borrower State

OH

Borrower Zip

43227-3439

Loan Status Date

10/22/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443558

Servicing Lender Name

Economic and Community Development Institute

Servicing Lender Address

1655 Old Leonard Avenue

Servicing Lender City

Columbus

Servicing Lender State

OH

Servicing Lender Zip

43219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

FRANKLIN

Project State

OH

Project Zip

43227-3439

CD

OH-03

Jobs Reported

6

NAICS Code

523130

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

624996.00

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

Subchapter S Corporation

Originating Lender Location Id

443558

Originating Lender

Economic and Community Development Institute

Originating Lender City

Columbus

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;