PPP Loan information for Mcgrath motors, inc.

$1,060,300

Mcgrath motors, inc. was initially approved for PPP Loan of amount $1,060,300, the current approved amount is $1,060,300. The loan was approved on 04/27/2020 by The Comerica Bank reported 94 jobs and $1,060,300 was used to fund payroll.

Mcgrath motors, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Saint Charles / Mcgrath motors, inc.

MCGRATH MOTORS, INC.

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCGRATH MOTORS, INC.

Borrower Address

1411 E. Main Street

Borrower City

Saint Charles

Borrower State

IL

Borrower Zip

60174-2342

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1060300.00

Current Approval Amount

1060300.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Charles

Project County Name

KANE

Project State

IL

Project Zip

60174-2342

CD

IL-11

Jobs Reported

94

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

848302.00

Mortgage Interest Proceed

211998.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1069518.72

Forgiveness Date

03/18/2021

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