PPP Loan information for Mjd excavating, inc.

$446,700

Mjd excavating, inc. was initially approved for PPP Loan of amount $380,000, the current approved amount is $446,700. The loan was approved on 04/04/2020 by The Mechanics Cooperative Bank reported 39 jobs and $446,700 was used to fund payroll.

Mjd excavating, inc. is Existing or more than 2 years old

MJD EXCAVATING, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MJD EXCAVATING, INC.

Borrower Address

231 PLAIN ST

Borrower City

REHOBOTH

Borrower State

MA

Borrower Zip

02769-2113

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

446700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REHOBOTH

Project County Name

BRISTOL

Project State

MA

Project Zip

02769-2113

CD

MA-04

Jobs Reported

39

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

446700.00

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

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

449529.10

Forgiveness Date

11/30/2020

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