PPP Loan information for Mrc contracting incorporated

$115,561

Mrc contracting incorporated was initially approved for PPP Loan of amount $115,561, the current approved amount is $115,561. The loan was approved on 04/09/2020 by The BayCoast Bank reported 8 jobs and $115,561 was used to fund payroll.

Mrc contracting incorporated is Existing or more than 2 years old

MRC CONTRACTING INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MRC CONTRACTING INCORPORATED

Borrower Address

576 Anthony St

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02721-3202

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115561.00

Current Approval Amount

115561.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-3202

CD

MA-04

Jobs Reported

8

NAICS Code

236118

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115561.00

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

116504.75

Forgiveness Date

02/09/2021

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