PPP Loan information for Mcm electric inc.

$163,100

Mcm electric inc. was initially approved for PPP Loan of amount $163,100, the current approved amount is $163,100. The loan was approved on 04/09/2020 by The First National Bank reported 15 jobs and $163,100 was used to fund payroll.

Mcm electric inc. is Unanswered

MCM ELECTRIC INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MCM ELECTRIC INC.

Borrower Address

49 Hall Quarry Rd

Borrower City

MOUNT DESERT

Borrower State

ME

Borrower Zip

04660-6525

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163100.00

Current Approval Amount

163100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29647

Servicing Lender Name

First National Bank

Servicing Lender Address

223 Main St

Servicing Lender City

DAMARISCOTTA

Servicing Lender State

ME

Servicing Lender Zip

04543-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MOUNT DESERT

Project County Name

HANCOCK

Project State

ME

Project Zip

04660-6525

CD

ME-02

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20387.50

Payroll Proceed

122325.00

Mortgage Interest Proceed

0.00

Rent Proceed

20387.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29647

Originating Lender

First National Bank

Originating Lender City

DAMARISCOTTA

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164069.54

Forgiveness Date

11/12/2020

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