PPP Loan information for Mcr management inc

$330,800

Mcr management inc was initially approved for PPP Loan of amount $330,800, the current approved amount is $330,800. The loan was approved on 01/17/2021 by The South Louisiana Bank reported 42 jobs and $330,800 was used to fund payroll.

Mcr management inc is Existing or more than 2 years old

MCR MANAGEMENT INC

Date Approved

01/17/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MCR MANAGEMENT INC

Borrower Address

724 High St

Borrower City

Houma

Borrower State

LA

Borrower Zip

70360-4712

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330800.00

Current Approval Amount

330800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28293

Servicing Lender Name

South Louisiana Bank

Servicing Lender Address

1362 W Tunnel Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-2731

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Houma

Project County Name

TERREBONNE

Project State

LA

Project Zip

70360-4712

CD

LA-01

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

330797.00

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

Subchapter S Corporation

Originating Lender Location Id

28293

Originating Lender

South Louisiana Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

335146.34

Forgiveness Date

05/11/2022

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