PPP Loan information for Mc welding & machining co, inc

$82,500

Mc welding & machining co, inc was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 04/30/2020 by The Horizon Bank reported 9 jobs and $82,500 was used to fund payroll.

Mc welding & machining co, inc is Unanswered

MC WELDING & MACHINING CO, INC

Date Approved

04/30/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MC WELDING & MACHINING CO, INC

Borrower Address

PO BOX 13

Borrower City

KINGSBURY

Borrower State

IN

Borrower Zip

46345

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

KINGSBURY

Project County Name

LA PORTE

Project State

IN

Project Zip

46345-0001

CD

IN-02

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16500.00

Payroll Proceed

66000.00

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

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83259.45

Forgiveness Date

04/08/2021

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