PPP Loan information for Midlantic ltd

$52,336

Midlantic ltd was initially approved for PPP Loan of amount $52,336, the current approved amount is $52,336. The loan was approved on 02/06/2021 by The The National Bank of Malvern reported 3 jobs and $52,336 was used to fund payroll.

Midlantic ltd is Existing or more than 2 years old

MIDLANTIC LTD

Date Approved

02/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MIDLANTIC LTD

Borrower Address

217 W State St

Borrower City

Kennett Square

Borrower State

PA

Borrower Zip

19348-3022

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52335.54

Current Approval Amount

52335.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61003

Servicing Lender Name

The National Bank of Malvern

Servicing Lender Address

King St & Warren Ave

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kennett Square

Project County Name

CHESTER

Project State

PA

Project Zip

19348-3022

CD

PA-06

Jobs Reported

3

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52333.54

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

61003

Originating Lender

The National Bank of Malvern

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52772.86

Forgiveness Date

12/09/2021

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