PPP Loan information for Mid eastern athletic conference

$225,000

Mid eastern athletic conference was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 02/18/2021 by The TowneBank reported 16 jobs and $225,000 was used to fund payroll.

Mid eastern athletic conference is Existing or more than 2 years old

MID EASTERN ATHLETIC CONFERENCE

Date Approved

02/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MID EASTERN ATHLETIC CONFERENCE

Borrower Address

2730 Ellsmere Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513-2437

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-2437

CD

VA-03

Jobs Reported

16

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

Non-Profit Organization

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

225943.75

Forgiveness Date

07/21/2021

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