PPP Loan information for Mac precision concrete inc

$58,465

Mac precision concrete inc was initially approved for PPP Loan of amount $58,465, the current approved amount is $58,465. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 5 jobs and $58,465 was used to fund payroll.

Mac precision concrete inc is New Business or 2 years or less

MAC PRECISION CONCRETE INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAC PRECISION CONCRETE INC

Borrower Address

8491 206TH AVE NE

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58465.00

Current Approval Amount

58465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW LONDON

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-0001

CD

MN-07

Jobs Reported

5

NAICS Code

238110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58465.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59303.00

Forgiveness Date

09/15/2021

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