PPP Loan information for Mcgrath motorcycles llc

$331,900

Mcgrath motorcycles llc was initially approved for PPP Loan of amount $331,900, the current approved amount is $331,900. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 24 jobs and $331,900 was used to fund payroll.

Mcgrath motorcycles llc is Existing or more than 2 years old

MCGRATH MOTORCYCLES LLC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MCGRATH MOTORCYCLES LLC

Borrower Address

120 Westcor Dr

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2918

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331900.00

Current Approval Amount

331900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2918

CD

IA-01

Jobs Reported

24

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334269.40

Forgiveness Date

01/07/2021

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