PPP Loan information for Mac metal sales, inc

$514,900

Mac metal sales, inc was initially approved for PPP Loan of amount $514,900, the current approved amount is $514,900. The loan was approved on 04/08/2020 by The The Citizens National Bank of Somerset reported 63 jobs and $514,900 was used to fund payroll.

Mac metal sales, inc is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Mac metal sales, inc

MAC METAL SALES, INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MAC METAL SALES, INC

Borrower Address

1650 W HIGHWAY 80

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-3749

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514900.00

Current Approval Amount

514900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42503-3749

CD

KY-05

Jobs Reported

63

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11800.00

Payroll Proceed

388425.11

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34806.59

Debt Interest Proceed

29868.3

Business Type

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517789.16

Forgiveness Date

11/05/2020

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