PPP Loan information for Mcg energy solutions llc

$1,538,250

Mcg energy solutions llc was initially approved for PPP Loan of amount $1,538,250, the current approved amount is $1,538,250. The loan was approved on 01/21/2021 by The Bell Bank reported 75 jobs and $1,538,250 was used to fund payroll.

Mcg energy solutions llc is Existing or more than 2 years old

MCG ENERGY SOLUTIONS LLC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MCG ENERGY SOLUTIONS LLC

Borrower Address

901 Marquette Ave Ste 750

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55402-3295

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1538250.00

Current Approval Amount

1538250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minneapolis

Project County Name

HENNEPIN

Project State

MN

Project Zip

55402-3295

CD

MN-05

Jobs Reported

75

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1538248.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1545001.21

Forgiveness Date

06/30/2021

;