PPP Loan information for The mcteam, llc

$41,600

The mcteam, llc was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 05/06/2020 by The The Poca Valley Bank, Inc. reported 2 jobs and $41,600 was used to fund payroll.

The mcteam, llc is Existing or more than 2 years old

THE MCTEAM, LLC

Date Approved

05/06/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THE MCTEAM, LLC

Borrower Address

928 Cross Lanes Drive

Borrower City

Cross Lanes

Borrower State

WV

Borrower Zip

25313-1315

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75424

Servicing Lender Name

The Poca Valley Bank, Inc.

Servicing Lender Address

7033 Charleston Rd

Servicing Lender City

WALTON

Servicing Lender State

WV

Servicing Lender Zip

25286-9601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cross Lanes

Project County Name

KANAWHA

Project State

WV

Project Zip

25313-1315

CD

WV-01

Jobs Reported

2

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41600.00

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

75424

Originating Lender

The Poca Valley Bank, Inc.

Originating Lender City

WALTON

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41857.69

Forgiveness Date

12/17/2020

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