PPP Loan information for Mdr enterprises llc

$764,800

Mdr enterprises llc was initially approved for PPP Loan of amount $598,400, the current approved amount is $764,800. The loan was approved on 04/03/2020 by The Mechanics Cooperative Bank reported 52 jobs and $764,800 was used to fund payroll.

Mdr enterprises llc is Existing or more than 2 years old

MDR ENTERPRISES LLC

Date Approved

04/03/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MDR ENTERPRISES LLC

Borrower Address

1215 WEST MAIN RD

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842-6333

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

598400.00

Current Approval Amount

764800.00

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

MIDDLETOWN

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-6333

CD

RI-01

Jobs Reported

52

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

694800.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

772426.76

Forgiveness Date

04/08/2021

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