PPP Loan information for Mcdowell and associates, inc.

$740,600

Mcdowell and associates, inc. was initially approved for PPP Loan of amount $740,600, the current approved amount is $740,600. The loan was approved on 04/29/2020 by The Comerica Bank reported 51 jobs and $740,600 was used to fund payroll.

Mcdowell and associates, inc. is Existing or more than 2 years old

MCDOWELL AND ASSOCIATES, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCDOWELL AND ASSOCIATES, INC.

Borrower Address

21355 Hatcher Avenue

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-2135

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740600.00

Current Approval Amount

740600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2135

CD

MI-11

Jobs Reported

51

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

592536.00

Mortgage Interest Proceed

148064.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

745619.62

Forgiveness Date

01/04/2021

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