PPP Loan information for Mep inc

$142,700

Mep inc was initially approved for PPP Loan of amount $142,700, the current approved amount is $142,700. The loan was approved on 04/10/2020 by The Franklin Bank & Trust Company reported 17 jobs and $142,700 was used to fund payroll.

Mep inc is Existing or more than 2 years old

MEP INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MEP INC

Borrower Address

1613 W McClain Ave #1615

Borrower City

Scottsburg

Borrower State

IN

Borrower Zip

47170-1161

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142700.00

Current Approval Amount

142700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsburg

Project County Name

SCOTT

Project State

IN

Project Zip

47170-1161

CD

IN-09

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

14270.00

Payroll Proceed

107025.00

Mortgage Interest Proceed

0.00

Rent Proceed

21405.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143746.47

Forgiveness Date

01/07/2021

;