PPP Loan information for Midlantic, ltd

$63,700

Midlantic, ltd was initially approved for PPP Loan of amount $63,700, the current approved amount is $63,700. The loan was approved on 04/04/2020 by The The National Bank of Malvern reported 5 jobs and $63,700 was used to fund payroll.

Midlantic, ltd is Existing or more than 2 years old

MIDLANTIC, LTD

Date Approved

04/04/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MIDLANTIC, LTD

Borrower Address

217 W STATE ST

Borrower City

KENNETT SQUARE

Borrower State

PA

Borrower Zip

19348-3022

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63700.00

Current Approval Amount

63700.00

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

5

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

52584.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4716.00

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

64265.45

Forgiveness Date

03/05/2021

;