PPP Loan information for M/c electric co. inc.

$93,342

M/c electric co. inc. was initially approved for PPP Loan of amount $93,342, the current approved amount is $93,342. The loan was approved on 03/06/2021 by The Loan Source Incorporated reported 7 jobs and $93,342 was used to fund payroll.

M/c electric co. inc. is Existing or more than 2 years old

PPP Loan Search / AR / Stuttgart / M/c electric co. inc.

M/C ELECTRIC CO. INC.

Date Approved

03/06/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

M/C ELECTRIC CO. INC.

Borrower Address

1405 S Leslie St

Borrower City

Stuttgart

Borrower State

AR

Borrower Zip

72160-6065

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93342.00

Current Approval Amount

93342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stuttgart

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-6065

CD

AR-01

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93342.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93930.18

Forgiveness Date

10/27/2021

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