PPP Loan information for Mcgowan group incorporated

$520,000

Mcgowan group incorporated was initially approved for PPP Loan of amount $520,000, the current approved amount is $520,000. The loan was approved on 02/14/2021 by The TowneBank reported 40 jobs and $520,000 was used to fund payroll.

Mcgowan group incorporated is Existing or more than 2 years old

MCGOWAN GROUP INCORPORATED

Date Approved

02/14/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MCGOWAN GROUP INCORPORATED

Borrower Address

5474 Nansemond Pkwy

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23435-2115

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520000.00

Current Approval Amount

520000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Suffolk

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-2115

CD

VA-02

Jobs Reported

40

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

520000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521834.44

Forgiveness Date

06/24/2021

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