PPP Loan information for Mcg construction services inc

$299,600

Mcg construction services inc was initially approved for PPP Loan of amount $299,600, the current approved amount is $299,600. The loan was approved on 04/14/2020 by The Truist Bank reported 15 jobs and $299,600 was used to fund payroll.

Mcg construction services inc is Existing or more than 2 years old

PPP Loan Search / VA / STERLING / Mcg construction services inc

MCG CONSTRUCTION SERVICES INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MCG CONSTRUCTION SERVICES INC

Borrower Address

46050 MANEKIN PLZ

Borrower City

STERLING

Borrower State

VA

Borrower Zip

20166-4244

Loan Status Date

02/24/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

299600.00

Current Approval Amount

299600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-4244

CD

VA-10

Jobs Reported

15

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

299600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;