PPP Loan information for Mx industrial distributors, inc.

$109,500

Mx industrial distributors, inc. was initially approved for PPP Loan of amount $109,500, the current approved amount is $109,500. The loan was approved on 04/14/2020 by The Meridian Bank reported 9 jobs and $109,500 was used to fund payroll.

Mx industrial distributors, inc. is Existing or more than 2 years old

PPP Loan Search / PA / WARMINSTER / Mx industrial distributors, inc.

MX INDUSTRIAL DISTRIBUTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MX INDUSTRIAL DISTRIBUTORS, INC.

Borrower Address

181 Railroad Dr

Borrower City

WARMINSTER

Borrower State

PA

Borrower Zip

18974-1403

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109500.00

Current Approval Amount

109500.00

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

WARMINSTER

Project County Name

BUCKS

Project State

PA

Project Zip

18974-1403

CD

PA-01

Jobs Reported

9

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2305.00

Payroll Proceed

85195.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110595.00

Forgiveness Date

04/21/2021

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