PPP Loan information for Mcvay enterprises inc

$48,238

Mcvay enterprises inc was initially approved for PPP Loan of amount $48,238, the current approved amount is $48,238. The loan was approved on 04/14/2020 by The The First Bank reported 10 jobs and $48,238 was used to fund payroll.

Mcvay enterprises inc is New Business or 2 years or less

MCVAY ENTERPRISES INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCVAY ENTERPRISES INC

Borrower Address

928 COUNTRY LN

Borrower City

AXIS

Borrower State

AL

Borrower Zip

36505-4348

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48237.50

Current Approval Amount

48237.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

AXIS

Project County Name

MOBILE

Project State

AL

Project Zip

36505-4348

CD

AL-01

Jobs Reported

10

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48237.50

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48604.64

Forgiveness Date

01/25/2021

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