PPP Loan information for Mcrand corp.

$281,975

Mcrand corp. was initially approved for PPP Loan of amount $281,975, the current approved amount is $281,975. The loan was approved on 04/28/2020 by The Trustar Bank reported 31 jobs and $281,975 was used to fund payroll.

Mcrand corp. is Existing or more than 2 years old

MCRAND CORP.

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MCRAND CORP.

Borrower Address

4500 Lee Highway

Borrower City

ARLINGTON

Borrower State

VA

Borrower Zip

22207-3304

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281975.00

Current Approval Amount

281975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526135

Servicing Lender Name

Trustar Bank

Servicing Lender Address

774-A Walker Rd

Servicing Lender City

GREAT FALLS

Servicing Lender State

VA

Servicing Lender Zip

22066-2648

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

ARLINGTON

Project State

VA

Project Zip

22207-3304

CD

VA-08

Jobs Reported

31

NAICS Code

445291

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

281975.00

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

526135

Originating Lender

Trustar Bank

Originating Lender City

GREAT FALLS

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273465.27

Forgiveness Date

11/25/2020

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