Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MCGOUGH'S INC
Borrower Address
501 Lake Ave
Borrower City
Traverse City
Borrower State
MI
Borrower Zip
49684-3239
Loan Status Date
11/06/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
80900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99467
Servicing Lender Name
TBA CU
Servicing Lender Address
630 E Front St
Servicing Lender City
TRAVERSE CITY
Servicing Lender State
Servicing Lender Zip
49686-2618
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRAND TRAVERSE
Project State
Project Zip
CD
MI-01
Jobs Reported
11
NAICS Code
453910
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
81282.03
Forgiveness Date
10/26/2020