PPP Loan information for Mccarrons building center inc

$245,500

Mccarrons building center inc was initially approved for PPP Loan of amount $245,500, the current approved amount is $245,500. The loan was approved on 04/05/2020 by The MidWestOne Bank reported 20 jobs and $245,500 was used to fund payroll.

Mccarrons building center inc is Existing or more than 2 years old

MCCARRONS BUILDING CENTER INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCCARRONS BUILDING CENTER INC

Borrower Address

23840 Lake Blvd

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8210

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245500.00

Current Approval Amount

245500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-8210

CD

MN-08

Jobs Reported

20

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15343.75

Payroll Proceed

184125.00

Mortgage Interest Proceed

15343.75

Rent Proceed

15343.75

Refinance EIDL Proceed

0.00

Health Care Proceed

15343.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247539.01

Forgiveness Date

02/09/2021

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