PPP Loan information for Mcgehee engineering corp.

$591,877

Mcgehee engineering corp. was initially approved for PPP Loan of amount $591,877, the current approved amount is $591,877. The loan was approved on 04/06/2020 by The Pinnacle Bank reported 39 jobs and $591,877 was used to fund payroll.

Mcgehee engineering corp. is Existing or more than 2 years old

MCGEHEE ENGINEERING CORP.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCGEHEE ENGINEERING CORP.

Borrower Address

450 19th Street West

Borrower City

JASPER

Borrower State

AL

Borrower Zip

35501-5416

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591876.99

Current Approval Amount

591876.99

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121641

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1811 2nd Ave

Servicing Lender City

JASPER

Servicing Lender State

AL

Servicing Lender Zip

35501-5381

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JASPER

Project County Name

WALKER

Project State

AL

Project Zip

35501-5416

CD

AL-04

Jobs Reported

39

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8750.00

Payroll Proceed

488424.99

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76702.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121641

Originating Lender

Pinnacle Bank

Originating Lender City

JASPER

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

595296.72

Forgiveness Date

11/05/2020

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