PPP Loan information for Mrc transportation, inc

$113,000

Mrc transportation, inc was initially approved for PPP Loan of amount $113,000, the current approved amount is $113,000. The loan was approved on 04/28/2020 by The Commercial Bank reported 13 jobs and $113,000 was used to fund payroll.

Mrc transportation, inc is Existing or more than 2 years old

MRC TRANSPORTATION, INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MRC TRANSPORTATION, INC

Borrower Address

131 HESTER LANE

Borrower City

TAZEWELL

Borrower State

TN

Borrower Zip

37879-5088

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113000.00

Current Approval Amount

113000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAZEWELL

Project County Name

CLAIBORNE

Project State

TN

Project Zip

37879-5088

CD

TN-02

Jobs Reported

13

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2300.00

Payroll Proceed

103100.00

Mortgage Interest Proceed

0.00

Rent Proceed

2200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113784.72

Forgiveness Date

01/07/2021

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