PPP Loan information for Mcg and the able child inc

$435,700

Mcg and the able child inc was initially approved for PPP Loan of amount $435,700, the current approved amount is $435,700. The loan was approved on 04/29/2020 by The Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a reported 82 jobs and $435,700 was used to fund payroll.

Mcg and the able child inc is Existing or more than 2 years old

MCG AND THE ABLE CHILD INC

Date Approved

04/29/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MCG AND THE ABLE CHILD INC

Borrower Address

AVE WINSTON CHURCHILL

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00926-6604

Loan Status Date

01/24/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435700.00

Current Approval Amount

435700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109312

Servicing Lender Name

Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a

Servicing Lender Address

Villa Los Santos 4 Calle 1, Ste 1

Servicing Lender City

ARECIBO

Servicing Lender State

PR

Servicing Lender Zip

00612-0612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00926-6604

CD

PR-

Jobs Reported

82

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435700.00

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

109312

Originating Lender

Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a

Originating Lender City

ARECIBO

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181957.52

Forgiveness Date

09/20/2021

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