PPP Loan information for Mclin inc

$56,900

Mclin inc was initially approved for PPP Loan of amount $56,900, the current approved amount is $56,900. The loan was approved on 04/28/2020 by The Powell Valley National Bank reported 12 jobs and $56,900 was used to fund payroll.

Mclin inc is Existing or more than 2 years old

MCLIN INC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MCLIN INC

Borrower Address

42134 E MORGAN AVENUE

Borrower City

PENNINGTON GAP

Borrower State

VA

Borrower Zip

24277

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56900.00

Current Approval Amount

56900.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PENNINGTON GAP

Project County Name

LEE

Project State

VA

Project Zip

24277-0001

CD

VA-09

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56900.00

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

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57364.55

Forgiveness Date

03/01/2021

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