PPP Loan information for The mcs group inc

$4,000,000

The mcs group inc was initially approved for PPP Loan of amount $4,000,000, the current approved amount is $4,000,000. The loan was approved on 04/14/2021 by The Wells Fargo Bank, National Association reported 483 jobs and $4,000,000 was used to fund payroll.

The mcs group inc is Existing or more than 2 years old

THE MCS GROUP INC

Date Approved

04/14/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE MCS GROUP INC

Borrower Address

1601 Market St Ste 800

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19103-2311

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4000000.00

Current Approval Amount

4000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19103-2311

CD

PA-03

Jobs Reported

483

NAICS Code

541199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3999998.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4027506.85

Forgiveness Date

12/23/2021

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