PPP Loan information for Mcad, ltd

$54,675

Mcad, ltd was initially approved for PPP Loan of amount $54,675, the current approved amount is $54,675. The loan was approved on 01/19/2021 by The NSB Bank reported 7 jobs and $54,675 was used to fund payroll.

Mcad, ltd is Existing or more than 2 years old

MCAD, LTD

Date Approved

01/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MCAD, LTD

Borrower Address

1631 4th St SW Ste 101

Borrower City

Mason City

Borrower State

IA

Borrower Zip

50401-1612

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54675.00

Current Approval Amount

54675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mason City

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-1612

CD

IA-02

Jobs Reported

7

NAICS Code

442299

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54673.00

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

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54946.86

Forgiveness Date

07/20/2021

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