PPP Loan information for Southbridge medical advisory council inc

$624,949

Southbridge medical advisory council inc was initially approved for PPP Loan of amount $624,949, the current approved amount is $624,949. The loan was approved on 06/24/2020 by The Wilmington Savings Fund Society, FSB reported 81 jobs and $624,949 was used to fund payroll.

Southbridge medical advisory council inc is New Business or 2 years or less

SOUTHBRIDGE MEDICAL ADVISORY COUNCIL INC

Date Approved

06/24/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SOUTHBRIDGE MEDICAL ADVISORY COUNCIL INC

Borrower Address

601 New Castle Ave

Borrower City

Wilmington De

Borrower State

DE

Borrower Zip

19801

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

624949.00

Current Approval Amount

624949.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Wilmington De

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19801-1000

CD

DE-

Jobs Reported

81

NAICS Code

621999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

624949.00

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

Non-Profit Organization

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

630068.45

Forgiveness Date

04/22/2021

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