PPP Loan information for M & r electronics inc

$22,500

M & r electronics inc was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 8 jobs and $22,500 was used to fund payroll.

M & r electronics inc is Existing or more than 2 years old

M & R ELECTRONICS INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M & R ELECTRONICS INC

Borrower Address

5665 STATE ST

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48603-3682

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48603-3682

CD

MI-08

Jobs Reported

8

NAICS Code

811118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15600.32

Forgiveness Date

12/16/2020

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