PPP Loan information for Midatlantic construction & design associates inc

$310,000

Midatlantic construction & design associates inc was initially approved for PPP Loan of amount $310,000, the current approved amount is $310,000. The loan was approved on 02/19/2021 by The Santander Bank, National Association reported 13 jobs and $310,000 was used to fund payroll.

Midatlantic construction & design associates inc is Existing or more than 2 years old

MIDATLANTIC CONSTRUCTION & DESIGN ASSOCIATES INC

Date Approved

02/19/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MIDATLANTIC CONSTRUCTION & DESIGN ASSOCIATES INC

Borrower Address

126 Lexington St

Borrower City

Trenton

Borrower State

NJ

Borrower Zip

08611-2916

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310000.00

Current Approval Amount

310000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Trenton

Project County Name

MERCER

Project State

NJ

Project Zip

08611-2916

CD

NJ-12

Jobs Reported

13

NAICS Code

236220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

309997.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312683.84

Forgiveness Date

01/06/2022

;