PPP Loan information for M&c automotice inc.

$56,168

M&c automotice inc. was initially approved for PPP Loan of amount $56,168, the current approved amount is $56,168. The loan was approved on 04/09/2020 by The VisionBank of Iowa reported 5 jobs and $56,168 was used to fund payroll.

M&c automotice inc. is Existing or more than 2 years old

M&C AUTOMOTICE INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

M&C AUTOMOTICE INC.

Borrower Address

102 N Hyland

Borrower City

AMES

Borrower State

IA

Borrower Zip

50014

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56167.55

Current Approval Amount

56167.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50014-0001

CD

IA-04

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2167.55

Payroll Proceed

48000.00

Mortgage Interest Proceed

6000.00

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

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56659.02

Forgiveness Date

03/01/2021

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