PPP Loan information for Mcpat corporation

$113,963

Mcpat corporation was initially approved for PPP Loan of amount $113,963, the current approved amount is $113,963. The loan was approved on 02/08/2021 by The Independent Bank reported 34 jobs and $113,963 was used to fund payroll.

Mcpat corporation is Existing or more than 2 years old

MCPAT CORPORATION

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCPAT CORPORATION

Borrower Address

1140 Abbot Rd # 4067

Borrower City

East Lansing

Borrower State

MI

Borrower Zip

48823-2615

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113963.00

Current Approval Amount

113963.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48823-2615

CD

MI-07

Jobs Reported

34

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

113958.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115118.24

Forgiveness Date

02/17/2022

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