PPP Loan information for Mccormick motors

$107,700

Mccormick motors was initially approved for PPP Loan of amount $107,700, the current approved amount is $107,700. The loan was approved on 01/16/2021 by The Thumb Bank & Trust reported 15 jobs and $107,700 was used to fund payroll.

Mccormick motors is Existing or more than 2 years old

PPP Loan Search / MI / Pigeon / Mccormick motors

MCCORMICK MOTORS

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCCORMICK MOTORS

Borrower Address

10 S Caseville Rd

Borrower City

Pigeon

Borrower State

MI

Borrower Zip

48755-9417

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107700.00

Current Approval Amount

107700.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pigeon

Project County Name

HURON

Project State

MI

Project Zip

48755-9417

CD

MI-09

Jobs Reported

15

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

107698.00

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

Subchapter S Corporation

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108178.01

Forgiveness Date

07/06/2021

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