PPP Loan information for Mvc industries, inc

$370,400

Mvc industries, inc was initially approved for PPP Loan of amount $370,400, the current approved amount is $370,400. The loan was approved on 04/06/2020 by The Meridian Bank reported 37 jobs and $370,400 was used to fund payroll.

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

MVC INDUSTRIES, INC

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MVC INDUSTRIES, INC

Borrower Address

2675 Eisenhower Ave

Borrower City

NORRISTOWN

Borrower State

PA

Borrower Zip

19403-2316

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370400.00

Current Approval Amount

370400.00

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

37

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

370400.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

362394.54

Forgiveness Date

11/03/2020

;