PPP Loan information for Mfc ltd

$60,000

Mfc ltd was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/07/2020 by The Texas Community Bank reported 8 jobs and $60,000 was used to fund payroll.

Mfc ltd is Existing or more than 2 years old

MFC LTD

Date Approved

04/07/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MFC LTD

Borrower Address

1904 FREIGHT ST

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041-5647

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71913

Servicing Lender Name

Texas Community Bank

Servicing Lender Address

6721 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78041-6404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-5647

CD

TX-28

Jobs Reported

8

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1022.23

Payroll Proceed

46877.77

Mortgage Interest Proceed

0.00

Rent Proceed

7200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4700.00

Debt Interest Proceed

200

Business Type

Subchapter S Corporation

Originating Lender Location Id

71913

Originating Lender

Texas Community Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60498.08

Forgiveness Date

02/16/2021

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