Date Approved
03/13/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
M.C. ELECTRIC, INC.
Borrower Address
1461 Mullica Dr
Borrower City
North Brunswick
Borrower State
NJ
Borrower Zip
08902-1664
Loan Status Date
08/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
113519.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
499141
Servicing Lender Name
Readycap Lending, LLC
Servicing Lender Address
200 Connell Drive Suite 4000
Servicing Lender City
BERKELEY HEIGHTS
Servicing Lender State
Servicing Lender Zip
07922
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
NJ-12
Jobs Reported
6
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
113515.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
113898.43
Forgiveness Date
07/26/2021