PPP Loan information for Mci, lc

$7,134,900

Mci, lc was initially approved for PPP Loan of amount $7,134,900, the current approved amount is $7,134,900. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 500 jobs and $7,134,900 was used to fund payroll.

Mci, lc is Existing or more than 2 years old

MCI, LC

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MCI, LC

Borrower Address

2937 SIERRA CT SW

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-8503

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7134900.00

Current Approval Amount

7134900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-8503

CD

IA-01

Jobs Reported

500

NAICS Code

561422

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7134900.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7215960.39

Forgiveness Date

06/11/2021

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