PPP Loan information for Mkd electric, inc.

$6,654,400

Mkd electric, inc. was initially approved for PPP Loan of amount $6,654,400, the current approved amount is $6,654,400. The loan was approved on 04/06/2020 by The St. Charles Bank & Trust Company, National Association reported 340 jobs and $6,654,400 was used to fund payroll.

Mkd electric, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Mkd electric, inc.

MKD ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MKD ELECTRIC, INC.

Borrower Address

2590 Alft Ln. Unit A

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60124-7820

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6654400.00

Current Approval Amount

6654400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60124-7820

CD

IL-08

Jobs Reported

340

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

831800.00

Payroll Proceed

4990800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

831800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6728337.78

Forgiveness Date

05/24/2021

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