PPP Loan information for Mpcc, llc

$111,000

Mpcc, llc was initially approved for PPP Loan of amount $111,000, the current approved amount is $111,000. The loan was approved on 04/07/2020 by The Farmers & Merchants Savings Bank reported 4 jobs and $111,000 was used to fund payroll.

Mpcc, llc is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / Mpcc, llc

MPCC, LLC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MPCC, LLC

Borrower Address

2881 INDEPENDENCE RD

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-8171

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111000.00

Current Approval Amount

111000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-8171

CD

IA-01

Jobs Reported

4

NAICS Code

238120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7750.00

Payroll Proceed

83250.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111811.97

Forgiveness Date

01/07/2021

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