PPP Loan information for Mvc industries inc.

$311,593

Mvc industries inc. was initially approved for PPP Loan of amount $311,593, the current approved amount is $311,593. The loan was approved on 01/22/2021 by The Meridian Bank reported 22 jobs and $311,593 was used to fund payroll.

Mvc industries inc. is Existing or more than 2 years old

PPP Loan Search / PA / Norristown / Mvc industries inc.

MVC INDUSTRIES INC.

Date Approved

01/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MVC INDUSTRIES INC.

Borrower Address

2675 Eisenhower Ave

Borrower City

Norristown

Borrower State

PA

Borrower Zip

19403-2316

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311592.50

Current Approval Amount

311592.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norristown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19403-2316

CD

PA-04

Jobs Reported

22

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

311590.50

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313444.98

Forgiveness Date

09/07/2021

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