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
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
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
Project County Name
Project State
Project Zip
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
Health Care Proceed
7000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
81207.57
Forgiveness Date
12/16/2020