PPP Loan information for Managing contracts inc.

$208,000

Managing contracts inc. was initially approved for PPP Loan of amount $208,000, the current approved amount is $208,000. The loan was approved on 04/14/2020 by The International Bank of Commerce reported 43 jobs and $208,000 was used to fund payroll.

Managing contracts inc. is Existing or more than 2 years old

PPP Loan Search / TX / LAREDO / Managing contracts inc.

MANAGING CONTRACTS INC.

Date Approved

04/14/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MANAGING CONTRACTS INC.

Borrower Address

10205 Crossroads Loop

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78045

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208000.00

Current Approval Amount

208000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78045-0001

CD

TX-28

Jobs Reported

43

NAICS Code

541214

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

190000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2676.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15324.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209750.67

Forgiveness Date

02/16/2021

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