PPP Loan information for Macatac iv inc

$171,855

Macatac iv inc was initially approved for PPP Loan of amount $171,855, the current approved amount is $171,855. The loan was approved on 04/08/2020 by The Peoples Bank reported 65 jobs and $171,855 was used to fund payroll.

Macatac iv inc is Existing or more than 2 years old

PPP Loan Search / WV / HURRICANE / Macatac iv inc

MACATAC IV INC

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MACATAC IV INC

Borrower Address

42 Chase Park

Borrower City

HURRICANE

Borrower State

WV

Borrower Zip

25526-7302

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171855.00

Current Approval Amount

171855.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HURRICANE

Project County Name

PUTNAM

Project State

WV

Project Zip

25526-7302

CD

WV-01

Jobs Reported

65

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151855.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173368.28

Forgiveness Date

03/10/2021

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