PPP Loan information for Mch corporation

$177,060

Mch corporation was initially approved for PPP Loan of amount $177,060, the current approved amount is $177,060. The loan was approved on 04/07/2020 by The Peoples Bank of East Tennessee reported 15 jobs and $177,060 was used to fund payroll.

Mch corporation is Existing or more than 2 years old

MCH CORPORATION

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MCH CORPORATION

Borrower Address

995 HIGHWAY 11 SOUTH

Borrower City

SWEETWATER

Borrower State

TN

Borrower Zip

37874-5733

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177060.00

Current Approval Amount

177060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122191

Servicing Lender Name

Peoples Bank of East Tennessee

Servicing Lender Address

4511 US Hwy 411

Servicing Lender City

MADISONVILLE

Servicing Lender State

TN

Servicing Lender Zip

37354-1573

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWEETWATER

Project County Name

MONROE

Project State

TN

Project Zip

37874-5733

CD

TN-03

Jobs Reported

15

NAICS Code

541511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177060.00

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

122191

Originating Lender

Peoples Bank of East Tennessee

Originating Lender City

MADISONVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

178146.95

Forgiveness Date

11/25/2020

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