PPP Loan information for Mcrae & company inc.

$20,743

Mcrae & company inc. was initially approved for PPP Loan of amount $20,743, the current approved amount is $20,743. The loan was approved on 05/04/2020 by The Bank of America, National Association reported 3 jobs and $20,743 was used to fund payroll.

Mcrae & company inc. is New Business or 2 years or less

MCRAE & COMPANY INC.

Date Approved

05/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MCRAE & COMPANY INC.

Borrower Address

991 US HIGHWAY WEST 22

Borrower City

BRIDGEWATER

Borrower State

NJ

Borrower Zip

08807

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20743.00

Current Approval Amount

20743.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRIDGEWATER

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807-0001

CD

NJ-07

Jobs Reported

3

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20743.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21037.38

Forgiveness Date

10/07/2021

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