PPP Loan information for Mcconnell excavating ltd

$1,599,000

Mcconnell excavating ltd was initially approved for PPP Loan of amount $1,599,000, the current approved amount is $1,599,000. The loan was approved on 04/11/2020 by The Somerset Trust Company reported 212 jobs and $1,599,000 was used to fund payroll.

Mcconnell excavating ltd is Existing or more than 2 years old

PPP Loan Search / OH / OBERLIN / Mcconnell excavating ltd

MCCONNELL EXCAVATING LTD

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MCCONNELL EXCAVATING LTD

Borrower Address

15804 State Route 58

Borrower City

OBERLIN

Borrower State

OH

Borrower Zip

44074

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1599000.00

Current Approval Amount

1599000.00

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

44074-0001

CD

OH-05

Jobs Reported

212

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1599000.00

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

1619370.82

Forgiveness Date

08/02/2021

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