PPP Loan information for Mac electric llc

$52,140

Mac electric llc was initially approved for PPP Loan of amount $52,140, the current approved amount is $52,140. The loan was approved on 02/18/2021 by The Volunteer State Bank reported 6 jobs and $52,140 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

02/18/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MAC ELECTRIC LLC

Borrower Address

3296 Highway 76

Borrower City

Cottontown

Borrower State

TN

Borrower Zip

37048-4909

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52140.00

Current Approval Amount

52140.00

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

37048-4909

CD

TN-06

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52140.00

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

Partnership

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52323.94

Forgiveness Date

06/30/2021

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