PPP Loan information for Mac construction & excavating inc

$3,506,700

Mac construction & excavating inc was initially approved for PPP Loan of amount $3,067,600, the current approved amount is $3,506,700. The loan was approved on 04/04/2020 by The Stock Yards Bank & Trust Company reported 219 jobs and $3,506,700 was used to fund payroll.

Mac construction & excavating inc is New Business or 2 years or less

MAC CONSTRUCTION & EXCAVATING INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MAC CONSTRUCTION & EXCAVATING INC

Borrower Address

1908 Unruh Ct

Borrower City

NEW ALBANY

Borrower State

IN

Borrower Zip

47150-6948

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3067600.00

Current Approval Amount

3506700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW ALBANY

Project County Name

FLOYD

Project State

IN

Project Zip

47150-6948

CD

IN-09

Jobs Reported

219

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3506700.00

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

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3547339.29

Forgiveness Date

06/11/2021

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