PPP Loan information for Mrc electric

$88,877

Mrc electric was initially approved for PPP Loan of amount $88,877, the current approved amount is $88,877. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $88,877 was used to fund payroll.

Mrc electric is New Business or 2 years or less

MRC ELECTRIC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MRC ELECTRIC

Borrower Address

145 RAILROAD DR.

Borrower City

WARMINSTER

Borrower State

PA

Borrower Zip

18974

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88877.00

Current Approval Amount

88877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WARMINSTER

Project County Name

BUCKS

Project State

PA

Project Zip

18974-0001

CD

PA-01

Jobs Reported

6

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88877.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89638.14

Forgiveness Date

03/11/2021

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