PPP Loan information for Macatac nitro inc.

$151,800

Macatac nitro inc. was initially approved for PPP Loan of amount $151,800, the current approved amount is $151,800. The loan was approved on 04/08/2020 by The Peoples Bank reported 56 jobs and $151,800 was used to fund payroll.

Macatac nitro inc. is Existing or more than 2 years old

PPP Loan Search / WV / HURRICANE / Macatac nitro inc.

MACATAC NITRO INC.

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MACATAC NITRO INC.

Borrower Address

42 Chase Dr

Borrower City

HURRICANE

Borrower State

WV

Borrower Zip

25526-7302

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151800.00

Current Approval Amount

151800.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HURRICANE

Project County Name

PUTNAM

Project State

WV

Project Zip

25526-7302

CD

WV-01

Jobs Reported

56

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

26800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153136.68

Forgiveness Date

03/10/2021

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