PPP Loan information for Mec holding company

$995,502

Mec holding company was initially approved for PPP Loan of amount $995,502, the current approved amount is $995,502. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 78 jobs and $995,502 was used to fund payroll.

Mec holding company is New Business or 2 years or less

MEC HOLDING COMPANY

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MEC HOLDING COMPANY

Borrower Address

16444 S Highland Ave

Borrower City

Fontana

Borrower State

CA

Borrower Zip

92336

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995502.00

Current Approval Amount

995502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Fontana

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

92336-0100

CD

CA-33

Jobs Reported

78

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

995502.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1003520.56

Forgiveness Date

02/25/2021

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