PPP Loan information for M & r engineering co.

$874,027

M & r engineering co. was initially approved for PPP Loan of amount $874,027, the current approved amount is $874,027. The loan was approved on 04/07/2020 by The American Business Bank reported 86 jobs and $874,027 was used to fund payroll.

M & r engineering co. is Existing or more than 2 years old

M & R ENGINEERING CO.

Date Approved

04/07/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

M & R ENGINEERING CO.

Borrower Address

227 EAST MEATS AVE

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92865-3311

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

874027.00

Current Approval Amount

874027.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92865-3311

CD

CA-46

Jobs Reported

86

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18000.00

Payroll Proceed

802027.00

Mortgage Interest Proceed

0.00

Rent Proceed

54000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

878792.24

Forgiveness Date

11/03/2020

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