PPP Loan information for Megaclips, llc

$514,975

Megaclips, llc was initially approved for PPP Loan of amount $514,957, the current approved amount is $514,975. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 102 jobs and $514,975 was used to fund payroll.

Megaclips, llc is Existing or more than 2 years old

MEGACLIPS, LLC

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MEGACLIPS, LLC

Borrower Address

405 East Hwy 377

Borrower City

GRANBURY

Borrower State

TX

Borrower Zip

76048

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514957.00

Current Approval Amount

514975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANBURY

Project County Name

HOOD

Project State

TX

Project Zip

76048-0001

CD

TX-25

Jobs Reported

102

NAICS Code

812111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

64371.88

Payroll Proceed

386249.25

Mortgage Interest Proceed

64353.87

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520510.98

Forgiveness Date

05/13/2021

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