PPP Loan information for Mcad inc

$498,497

Mcad inc was initially approved for PPP Loan of amount $498,497, the current approved amount is $498,497. The loan was approved on 01/20/2021 by The Bank of Oak Ridge reported 49 jobs and $498,497 was used to fund payroll.

Mcad inc is Existing or more than 2 years old

PPP Loan Search / NC / Greensboro / Mcad inc

MCAD INC

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MCAD INC

Borrower Address

100 Landmark Dr

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27409-9602

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498497.00

Current Approval Amount

498497.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-9602

CD

NC-06

Jobs Reported

49

NAICS Code

327991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

498493.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502734.22

Forgiveness Date

11/26/2021

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