PPP Loan information for Mcgough bus company, inc

$667,900

Mcgough bus company, inc was initially approved for PPP Loan of amount $723,000, the current approved amount is $667,900. The loan was approved on 04/05/2020 by The First Savings Bank reported 129 jobs and $667,900 was used to fund payroll.

Mcgough bus company, inc is Existing or more than 2 years old

PPP Loan Search / NJ / BLACKWOOD / Mcgough bus company, inc

MCGOUGH BUS COMPANY, INC

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MCGOUGH BUS COMPANY, INC

Borrower Address

4121 ROUTE 42

Borrower City

BLACKWOOD

Borrower State

NJ

Borrower Zip

08012-1714

Loan Status Date

02/04/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

723000.00

Current Approval Amount

667900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKWOOD

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08012-1714

CD

NJ-01

Jobs Reported

129

NAICS Code

485410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16697.00

Payroll Proceed

534320.00

Mortgage Interest Proceed

0.00

Rent Proceed

116883.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101104.21

Forgiveness Date

01/04/2022

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