PPP Loan information for M&r electric motor service inc

$302,000

M&r electric motor service inc was initially approved for PPP Loan of amount $302,000, the current approved amount is $302,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 24 jobs and $302,000 was used to fund payroll.

M&r electric motor service inc is Existing or more than 2 years old

M&R ELECTRIC MOTOR SERVICE INC

Date Approved

04/14/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

M&R ELECTRIC MOTOR SERVICE INC

Borrower Address

1516 E 5TH ST

Borrower City

DAYTON

Borrower State

OH

Borrower Zip

45403-2302

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302000.00

Current Approval Amount

302000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45403-2302

CD

OH-10

Jobs Reported

24

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305380.72

Forgiveness Date

05/26/2021

;