PPP Loan information for Mpe inc

$250,000

Mpe inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/08/2020 by The First National Bank of Waterloo reported 60 jobs and $250,000 was used to fund payroll.

Mpe inc is Existing or more than 2 years old

MPE INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MPE INC

Borrower Address

3042 Save Road

Borrower City

BELLEVILLE

Borrower State

IL

Borrower Zip

62221-7018

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

22800

Servicing Lender Name

First National Bank of Waterloo

Servicing Lender Address

228 S Main St

Servicing Lender City

WATERLOO

Servicing Lender State

IL

Servicing Lender Zip

62298-1324

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

SAINT CLAIR

Project State

IL

Project Zip

62221-7018

CD

IL-12

Jobs Reported

60

NAICS Code

812111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

208250.00

Mortgage Interest Proceed

0.00

Rent Proceed

29000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3750.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22800

Originating Lender

First National Bank of Waterloo

Originating Lender City

WATERLOO

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241573.33

Forgiveness Date

12/15/2020

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