PPP Loan information for Mccormack distributing company, inc.

$637,300

Mccormack distributing company, inc. was initially approved for PPP Loan of amount $637,300, the current approved amount is $637,300. The loan was approved on 04/04/2020 by The Primebank reported 40 jobs and $637,300 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

04/04/2020

SBA Office Code

0761

Processing Method

PPP

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

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

637300.00

Current Approval Amount

637300.00

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

40

NAICS Code

423850

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

637300.00

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

642062.05

Forgiveness Date

01/11/2021

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