PPP Loan information for Mcg homes llc

$62,500

Mcg homes llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 03/03/2021 by The The First Bank and Trust Company reported 7 jobs and $62,500 was used to fund payroll.

Mcg homes llc is Existing or more than 2 years old

MCG HOMES LLC

Date Approved

03/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MCG HOMES LLC

Borrower Address

1204 Country Club Dr

Borrower City

Wake Forest

Borrower State

NC

Borrower Zip

27587-9545

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wake Forest

Project County Name

WAKE

Project State

NC

Project Zip

27587-9545

CD

NC-02

Jobs Reported

7

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62888.89

Forgiveness Date

10/25/2021

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