PPP Loan information for Mcconnell excavating ltd

$1,450,675

Mcconnell excavating ltd was initially approved for PPP Loan of amount $1,450,675, the current approved amount is $1,450,675. The loan was approved on 01/20/2021 by The Somerset Trust Company reported 162 jobs and $1,450,675 was used to fund payroll.

Mcconnell excavating ltd is Existing or more than 2 years old

MCCONNELL EXCAVATING LTD

Date Approved

01/20/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MCCONNELL EXCAVATING LTD

Borrower Address

15804 State Route 58

Borrower City

Oberlin

Borrower State

OH

Borrower Zip

44074-9580

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1450675.00

Current Approval Amount

1450675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oberlin

Project County Name

LORAIN

Project State

OH

Project Zip

44074-9580

CD

OH-05

Jobs Reported

162

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1450671.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1459339.31

Forgiveness Date

09/01/2021

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