PPP Loan information for Mcgrath inc.

$113,095

Mcgrath inc. was initially approved for PPP Loan of amount $113,095, the current approved amount is $113,095. The loan was approved on 06/23/2020 by The Superior National Bank reported 5 jobs and $113,095 was used to fund payroll.

Mcgrath inc. is Existing or more than 2 years old

MCGRATH INC.

Date Approved

06/23/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCGRATH INC.

Borrower Address

401 E. SHARON AVE

Borrower City

HOUGHTON

Borrower State

MI

Borrower Zip

49931-1611

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113095.00

Current Approval Amount

113095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUGHTON

Project County Name

HOUGHTON

Project State

MI

Project Zip

49931-1611

CD

MI-01

Jobs Reported

5

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71095.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113556.68

Forgiveness Date

11/23/2020

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