PPP Loan information for Mclain electric co inc

$59,947

Mclain electric co inc was initially approved for PPP Loan of amount $59,947, the current approved amount is $59,947. The loan was approved on 03/09/2021 by The Manufacturers and Traders Trust Company reported 5 jobs and $59,947 was used to fund payroll.

Mclain electric co inc is Existing or more than 2 years old

MCLAIN ELECTRIC CO INC

Date Approved

03/09/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MCLAIN ELECTRIC CO INC

Borrower Address

263 Stamm Rd

Borrower City

Newington

Borrower State

CT

Borrower Zip

06111-3626

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59947.00

Current Approval Amount

59947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newington

Project County Name

HARTFORD

Project State

CT

Project Zip

06111-3626

CD

CT-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

59943.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60546.47

Forgiveness Date

03/14/2022

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