PPP Loan information for Machado construction co inc

$916,400

Machado construction co inc was initially approved for PPP Loan of amount $916,400, the current approved amount is $916,400. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 62 jobs and $916,400 was used to fund payroll.

Machado construction co inc is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / Machado construction co inc

MACHADO CONSTRUCTION CO INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MACHADO CONSTRUCTION CO INC

Borrower Address

2930 HAMMONDS FERRY RD

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21227-3142

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

916400.00

Current Approval Amount

916400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21227-3142

CD

MD-07

Jobs Reported

62

NAICS Code

238110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

916400.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

923323.91

Forgiveness Date

01/20/2021

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