PPP Loan information for The mccloud group

$723,438

The mccloud group was initially approved for PPP Loan of amount $723,438, the current approved amount is $723,438. The loan was approved on 04/30/2020 by The Customers Bank reported 42 jobs and $723,438 was used to fund payroll.

The mccloud group is Existing or more than 2 years old

THE MCCLOUD GROUP

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE MCCLOUD GROUP

Borrower Address

30 Montgomery Street Suite 940

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07302

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

723438.00

Current Approval Amount

723438.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07302-1300

CD

NJ-08

Jobs Reported

42

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

723438.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

734537.32

Forgiveness Date

11/16/2021

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