PPP Loan information for Mac electric llc

$40,523

Mac electric llc was initially approved for PPP Loan of amount $40,523, the current approved amount is $40,523. The loan was approved on 04/13/2020 by The Volunteer State Bank reported 4 jobs and $40,523 was used to fund payroll.

Mac electric llc is Existing or more than 2 years old

PPP Loan Search / TN / Cottontown / Mac electric llc

MAC ELECTRIC LLC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAC ELECTRIC LLC

Borrower Address

3296 Hwy 76

Borrower City

Cottontown

Borrower State

TN

Borrower Zip

37048

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40523.47

Current Approval Amount

40523.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cottontown

Project County Name

SUMNER

Project State

TN

Project Zip

37048-0001

CD

TN-06

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5065.43

Payroll Proceed

30392.61

Mortgage Interest Proceed

5065.43

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40776.74

Forgiveness Date

11/25/2020

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