PPP Loan information for Mac 1 inc.

$112,900

Mac 1 inc. was initially approved for PPP Loan of amount $112,900, the current approved amount is $112,900. The loan was approved on 04/06/2020 by The Citizens State Bank reported 35 jobs and $112,900 was used to fund payroll.

Mac 1 inc. is Existing or more than 2 years old

MAC 1 INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MAC 1 INC.

Borrower Address

135 Madison St PO Box 276

Borrower City

WINTHROP

Borrower State

IA

Borrower Zip

50682-0276

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112900.00

Current Approval Amount

112900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25086

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

117 W First St

Servicing Lender City

MONTICELLO

Servicing Lender State

IA

Servicing Lender Zip

52310-1520

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINTHROP

Project County Name

BUCHANAN

Project State

IA

Project Zip

50682-0276

CD

IA-02

Jobs Reported

35

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18674.00

Payroll Proceed

90326.00

Mortgage Interest Proceed

0.00

Rent Proceed

3900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25086

Originating Lender

Citizens State Bank

Originating Lender City

MONTICELLO

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113627.58

Forgiveness Date

11/30/2020

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