PPP Loan information for M & m electric co.

$257,200

M & m electric co. was initially approved for PPP Loan of amount $257,200, the current approved amount is $257,200. The loan was approved on 04/03/2020 by The The Bank of Kremlin reported 22 jobs and $257,200 was used to fund payroll.

M & m electric co. is Existing or more than 2 years old

PPP Loan Search / OK / ENID / M & m electric co.

M & M ELECTRIC CO.

Date Approved

04/03/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

M & M ELECTRIC CO.

Borrower Address

11219 w fox dr

Borrower City

ENID

Borrower State

OK

Borrower Zip

73703-8128

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257200.00

Current Approval Amount

257200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59026

Servicing Lender Name

The Bank of Kremlin

Servicing Lender Address

102 Sixth St

Servicing Lender City

KREMLIN

Servicing Lender State

OK

Servicing Lender Zip

73753-6000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ENID

Project County Name

GARFIELD

Project State

OK

Project Zip

73703-8128

CD

OK-03

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

217200.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

59026

Originating Lender

The Bank of Kremlin

Originating Lender City

KREMLIN

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258736.06

Forgiveness Date

11/05/2020

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