PPP Loan information for Mcdonough refinishers inc

$120,387

Mcdonough refinishers inc was initially approved for PPP Loan of amount $120,387, the current approved amount is $120,387. The loan was approved on 01/22/2021 by The The First Bank reported 10 jobs and $120,387 was used to fund payroll.

Mcdonough refinishers inc is Existing or more than 2 years old

MCDONOUGH REFINISHERS INC

Date Approved

01/22/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MCDONOUGH REFINISHERS INC

Borrower Address

161 Racetrack Rd

Borrower City

McDonough

Borrower State

GA

Borrower Zip

30253-6832

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120387.00

Current Approval Amount

120387.00

Undisbursed Amount

0.00

Franchise Name

Miracle Method Surface Refinishing

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McDonough

Project County Name

HENRY

Project State

GA

Project Zip

30253-6832

CD

GA-10

Jobs Reported

10

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

120385.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120801.67

Forgiveness Date

06/15/2021

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