PPP Loan information for Mcrl

$95,632

Mcrl was initially approved for PPP Loan of amount $95,632, the current approved amount is $95,632. The loan was approved on 04/01/2021 by The Mechanics Cooperative Bank reported 7 jobs and $95,632 was used to fund payroll.

Mcrl is Existing or more than 2 years old

MCRL

Date Approved

04/01/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MCRL

Borrower Address

162 Industrial Blvd Ste 2

Borrower City

Hanson

Borrower State

MA

Borrower Zip

02341-1538

Loan Status Date

06/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95631.95

Current Approval Amount

95631.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanson

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02341-1538

CD

MA-09

Jobs Reported

7

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

95629.95

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

96683.80

Forgiveness Date

05/10/2022

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