PPP Loan information for Maeco fabrication inc.

$228,510

Maeco fabrication inc. was initially approved for PPP Loan of amount $228,510, the current approved amount is $228,510. The loan was approved on 04/07/2020 by The Merchants & Marine Bank reported 27 jobs and $228,510 was used to fund payroll.

Maeco fabrication inc. is Existing or more than 2 years old

PPP Loan Search / AL / GRAND BAY / Maeco fabrication inc.

MAECO FABRICATION INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAECO FABRICATION INC.

Borrower Address

12530 SAEGER RD

Borrower City

GRAND BAY

Borrower State

AL

Borrower Zip

36541-5720

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228510.00

Current Approval Amount

228510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND BAY

Project County Name

MOBILE

Project State

AL

Project Zip

36541-5720

CD

AL-01

Jobs Reported

27

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

228510.00

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

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

230287.30

Forgiveness Date

01/25/2021

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