PPP Loan information for Mcgrath motorcycles of quad cities llc

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MCGRATH MOTORCYCLES OF QUAD CITIES LLC

Borrower Address

5320 Corporate Park Dr

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-2992

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222700.00

Current Approval Amount

222700.00

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

New Business or 2 years or less

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-2992

CD

IA-01

Jobs Reported

22

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222700.00

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

223900.11

Forgiveness Date

11/05/2020