Mid-Atlantic Coatings Inc.

$716,600 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
1916218402
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$716,600
Current Approval
$716,600
Forgiveness Amount
$719,825
Forgiveness Date
Jul 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mid-Atlantic Coatings Inc.
Address
3505 Business Center Dr
ZIP Code
23323-2636
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336611)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$716,600

Lender Information

Servicing Lender
The Old Point National Bank of Phoebus
Originating Lender
The Old Point National Bank of Phoebus

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