PPP Loan information for Mcelroy enterprises, inc.

$50,500

Mcelroy enterprises, inc. was initially approved for PPP Loan of amount $50,500, the current approved amount is $50,500. The loan was approved on 05/01/2020 by The Northwest Bank reported 9 jobs and $50,500 was used to fund payroll.

Mcelroy enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Mcelroy enterprises, inc.

MCELROY ENTERPRISES, INC.

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MCELROY ENTERPRISES, INC.

Borrower Address

411 1st Ave. So.

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50500.00

Current Approval Amount

50500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-0001

CD

IA-04

Jobs Reported

9

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

Mortgage Interest Proceed

3000.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50797.39

Forgiveness Date

12/10/2020

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