PPP Loan information for M and m factory service llc

$221,500

M and m factory service llc was initially approved for PPP Loan of amount $221,500, the current approved amount is $221,500. The loan was approved on 03/23/2021 by The Readycap Lending, LLC reported 22 jobs and $221,500 was used to fund payroll.

M and m factory service llc is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / M and m factory service llc

M AND M FACTORY SERVICE LLC

Date Approved

03/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

M AND M FACTORY SERVICE LLC

Borrower Address

1024 Pee Dee Ave 1024 Pee Dee Ave

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-5027

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

221500.00

Current Approval Amount

221500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-5027

CD

NC-08

Jobs Reported

22

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

221499.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

224060.90

Forgiveness Date

05/26/2022

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