PPP Loan information for Mccormack distributing company, inc.

$617,200

Mccormack distributing company, inc. was initially approved for PPP Loan of amount $617,200, the current approved amount is $617,200. The loan was approved on 01/16/2021 by The Primebank reported 42 jobs and $617,200 was used to fund payroll.

Mccormack distributing company, inc. is Existing or more than 2 years old

PPP Loan Search / IA / Le Mars / Mccormack distributing company, inc.

MCCORMACK DISTRIBUTING COMPANY, INC.

Date Approved

01/16/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MCCORMACK DISTRIBUTING COMPANY, INC.

Borrower Address

1755 24th St SW

Borrower City

Le Mars

Borrower State

IA

Borrower Zip

51031-8838

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

617200.00

Current Approval Amount

617200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25182

Servicing Lender Name

Primebank

Servicing Lender Address

37 1st Ave NW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-3511

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Le Mars

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-8838

CD

IA-04

Jobs Reported

42

NAICS Code

423810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

617197.00

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

25182

Originating Lender

Primebank

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

619583.08

Forgiveness Date

06/15/2021

;