PPP Loan information for Mccoy machinery co. inc.

$239,014

Mccoy machinery co. inc. was initially approved for PPP Loan of amount $239,014, the current approved amount is $239,014. The loan was approved on 02/10/2021 by The American Bank of the Carolinas d/b/a American Bank reported 14 jobs and $239,014 was used to fund payroll.

Mccoy machinery co. inc. is Existing or more than 2 years old

PPP Loan Search / NC / Monroe / Mccoy machinery co. inc.

MCCOY MACHINERY CO. INC.

Date Approved

02/10/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MCCOY MACHINERY CO. INC.

Borrower Address

1101 Curtis St

Borrower City

Monroe

Borrower State

NC

Borrower Zip

28112-5057

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239014.26

Current Approval Amount

239014.26

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525602

Servicing Lender Name

American Bank of the Carolinas d/b/a American Bank

Servicing Lender Address

3302-A W Hwy 74

Servicing Lender City

MONROE

Servicing Lender State

NC

Servicing Lender Zip

28110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

UNION

Project State

NC

Project Zip

28112-5057

CD

NC-08

Jobs Reported

14

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

239010.26

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

525602

Originating Lender

American Bank of the Carolinas d/b/a American Bank

Originating Lender City

MONROE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240140.57

Forgiveness Date

08/11/2021

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