PPP Loan information for Mcgahey construction llc

$58,800

Mcgahey construction llc was initially approved for PPP Loan of amount $58,800, the current approved amount is $58,800. The loan was approved on 04/09/2020 by The Old Mission Bank reported 7 jobs and $58,800 was used to fund payroll.

Mcgahey construction llc is Existing or more than 2 years old

MCGAHEY CONSTRUCTION LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCGAHEY CONSTRUCTION LLC

Borrower Address

2410 W 27th Ave

Borrower City

SAULT SAINTE MARIE

Borrower State

MI

Borrower Zip

49783-0001

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58800.00

Current Approval Amount

58800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124185

Servicing Lender Name

Old Mission Bank

Servicing Lender Address

2701 I-75 Business Spur

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAULT SAINTE MARIE

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-0001

CD

MI-01

Jobs Reported

7

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7350.00

Payroll Proceed

44100.00

Mortgage Interest Proceed

7350.00

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

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59193.63

Forgiveness Date

12/08/2020

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