PPP Loan information for Mccormick sand inc

$245,417

Mccormick sand inc was initially approved for PPP Loan of amount $245,417, the current approved amount is $245,417. The loan was approved on 02/05/2021 by The The Shelby State Bank reported 21 jobs and $245,417 was used to fund payroll.

Mccormick sand inc is Existing or more than 2 years old

MCCORMICK SAND INC

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCCORMICK SAND INC

Borrower Address

5430 Russell Rd

Borrower City

Twin Lake

Borrower State

MI

Borrower Zip

49457-9578

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245417.00

Current Approval Amount

245417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Twin Lake

Project County Name

MUSKEGON

Project State

MI

Project Zip

49457-9578

CD

MI-02

Jobs Reported

21

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

245412.00

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

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246802.09

Forgiveness Date

09/07/2021

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