PPP Loan information for Mc welding & fabrication inc

$198,500

Mc welding & fabrication inc was initially approved for PPP Loan of amount $198,500, the current approved amount is $198,500. The loan was approved on 04/28/2020 by The Prosperity Bank reported 20 jobs and $198,500 was used to fund payroll.

Mc welding & fabrication inc is Existing or more than 2 years old

MC WELDING & FABRICATION INC

Date Approved

04/28/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

MC WELDING & FABRICATION INC

Borrower Address

8337 Up River Road

Borrower City

Corpus Christi

Borrower State

TX

Borrower Zip

78409-3106

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198500.00

Current Approval Amount

198500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corpus Christi

Project County Name

NUECES

Project State

TX

Project Zip

78409-3106

CD

TX-27

Jobs Reported

20

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198500.00

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

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199941.16

Forgiveness Date

01/26/2021

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