PPP Loan information for Mcavoy inc

$85,000

Mcavoy inc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 01/25/2021 by The Bank of America, National Association reported 10 jobs and $85,000 was used to fund payroll.

Mcavoy inc is Existing or more than 2 years old

MCAVOY INC

Date Approved

01/25/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MCAVOY INC

Borrower Address

857 Bank St

Borrower City

New London

Borrower State

CT

Borrower Zip

06320-3549

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-3549

CD

CT-02

Jobs Reported

10

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84998.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86322.74

Forgiveness Date

08/18/2022

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