PPP Loan information for Mcg mechanical inc.

$737,300

Mcg mechanical inc. was initially approved for PPP Loan of amount $737,300, the current approved amount is $737,300. The loan was approved on 01/25/2021 by The The Peoples Bank reported 77 jobs and $737,300 was used to fund payroll.

Mcg mechanical inc. is Existing or more than 2 years old

MCG MECHANICAL INC.

Date Approved

01/25/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MCG MECHANICAL INC.

Borrower Address

2000 Pearman Dairy Rd

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29625-1321

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

737300.00

Current Approval Amount

737300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66159

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

801 E Front St

Servicing Lender City

IVA

Servicing Lender State

SC

Servicing Lender Zip

29655-9090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29625-1321

CD

SC-03

Jobs Reported

77

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

737298.00

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

66159

Originating Lender

The Peoples Bank

Originating Lender City

IVA

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

740351.60

Forgiveness Date

06/28/2021

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