PPP Loan information for Mrc energy company

$7,470,292

Mrc energy company was initially approved for PPP Loan of amount $7,470,292, the current approved amount is $7,470,292. The loan was approved on 04/09/2020 by The First Horizon Bank reported 291 jobs and $7,470,292 was used to fund payroll.

Mrc energy company is Existing or more than 2 years old

MRC ENERGY COMPANY

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MRC ENERGY COMPANY

Borrower Address

5400 LYNDON B JOHNSON FWY STE 1500

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75240

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7470292.00

Current Approval Amount

7470292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75240-1000

CD

TX-24

Jobs Reported

291

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7470292.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7616792.73

Forgiveness Date

03/31/2022

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