PPP Loan information for Mcdonough's market, inc.

$80,672

Mcdonough's market, inc. was initially approved for PPP Loan of amount $80,672, the current approved amount is $80,672. The loan was approved on 04/13/2020 by The Charlevoix State Bank reported 14 jobs and $80,672 was used to fund payroll.

Mcdonough's market, inc. is Existing or more than 2 years old

MCDONOUGH'S MARKET, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCDONOUGH'S MARKET, INC.

Borrower Address

38240 MICHIGAN AVE

Borrower City

BEAVER ISLAND

Borrower State

MI

Borrower Zip

49782-5105

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80672.00

Current Approval Amount

80672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119163

Servicing Lender Name

Charlevoix State Bank

Servicing Lender Address

111 State St

Servicing Lender City

CHARLEVOIX

Servicing Lender State

MI

Servicing Lender Zip

49720-1342

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEAVER ISLAND

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49782-5105

CD

MI-01

Jobs Reported

14

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

60500.00

Mortgage Interest Proceed

1300.00

Rent Proceed

8372.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119163

Originating Lender

Charlevoix State Bank

Originating Lender City

CHARLEVOIX

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81207.57

Forgiveness Date

12/16/2020

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