# PPP loan: MEC DEVELOPMENT LLC
> **$395K** approved 02/04/2021 · Paid in Full · Loan `3100188402`
## Borrower
- **Name:** MEC DEVELOPMENT LLC
- **Address:** 3949 Highway 8, New Town, ND, 58763-9563
- **NAICS:** 561330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*