PPP Loan information for Mcgee distributing inc

$22,400

Mcgee distributing inc was initially approved for PPP Loan of amount $22,400, the current approved amount is $22,400. The loan was approved on 04/16/2020 by The Farmers Savings Bank & Trust reported 6 jobs and $22,400 was used to fund payroll.

Mcgee distributing inc is Existing or more than 2 years old

MCGEE DISTRIBUTING INC

Date Approved

04/16/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MCGEE DISTRIBUTING INC

Borrower Address

815 C Avenue

Borrower City

VINTON

Borrower State

IA

Borrower Zip

52349-1354

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22400.00

Current Approval Amount

22400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINTON

Project County Name

BENTON

Project State

IA

Project Zip

52349-1354

CD

IA-02

Jobs Reported

6

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22125.89

Forgiveness Date

11/10/2020

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