Date Approved
04/28/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
MEC DEVELOPMENT, LLC
Borrower Address
3949 Hwy 8, Ste 200
Borrower City
NEW TOWN
Borrower State
ND
Borrower Zip
58763-9563
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
395300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
224982
Servicing Lender Name
BNC National Bank
Servicing Lender Address
20175 N 67th Ave
Servicing Lender City
GLENDALE
Servicing Lender State
AZ
Servicing Lender Zip
85308-7000
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MOUNTRAIL
Project State
Project Zip
CD
ND-
Jobs Reported
19
NAICS Code
488190
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
380640.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
14660.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
398319.65
Forgiveness Date
02/09/2021