PPP Loan information for M.c. electric, inc.

$113,519

M.c. electric, inc. was initially approved for PPP Loan of amount $113,519, the current approved amount is $113,519. The loan was approved on 03/13/2021 by The Readycap Lending, LLC reported 6 jobs and $113,519 was used to fund payroll.

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

M.C. ELECTRIC, INC.

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

113519.00

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

NJ

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

North Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-1664

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

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113898.43

Forgiveness Date

07/26/2021

;