PPP Loan information for Mfch, inc

$97,500

Mfch, inc was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 04/30/2020 by The Prosperity Bank reported 17 jobs and $97,500 was used to fund payroll.

Mfch, inc is Existing or more than 2 years old

MFCH, INC

Date Approved

04/30/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MFCH, INC

Borrower Address

2348 Gruene Lake Dr

Borrower City

New Braunfels

Borrower State

TX

Borrower Zip

78130-3575

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Braunfels

Project County Name

COMAL

Project State

TX

Project Zip

78130-3575

CD

TX-35

Jobs Reported

17

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97500.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98397.53

Forgiveness Date

04/06/2021

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