PPP Loan information for Mcdonough & associates

$227,500

Mcdonough & associates was initially approved for PPP Loan of amount $227,500, the current approved amount is $227,500. The loan was approved on 04/30/2020 by The University Bank reported 20 jobs and $227,500 was used to fund payroll.

Mcdonough & associates is Existing or more than 2 years old

MCDONOUGH & ASSOCIATES

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCDONOUGH & ASSOCIATES

Borrower Address

8640 RONDA DR

Borrower City

CANTON

Borrower State

MI

Borrower Zip

48187-2005

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227500.00

Current Approval Amount

227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36179

Servicing Lender Name

University Bank

Servicing Lender Address

2015 Washtenaw Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-3656

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2005

CD

MI-06

Jobs Reported

20

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227500.00

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

36179

Originating Lender

University Bank

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229206.25

Forgiveness Date

02/09/2021

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