PPP Loan information for Mcgrory inc

$414,403

Mcgrory inc was initially approved for PPP Loan of amount $414,403, the current approved amount is $414,403. The loan was approved on 04/09/2020 by The Fulton Bank, National Association reported 28 jobs and $414,403 was used to fund payroll.

Mcgrory inc is Existing or more than 2 years old

MCGRORY INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MCGRORY INC

Borrower Address

576 Rosedae Rd 1

Borrower City

Kennett Square

Borrower State

PA

Borrower Zip

19348

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414403.00

Current Approval Amount

414403.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kennett Square

Project County Name

CHESTER

Project State

PA

Project Zip

19348-0001

CD

PA-06

Jobs Reported

28

NAICS Code

238340

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

124320.50

Payroll Proceed

165762.00

Mortgage Interest Proceed

0.00

Rent Proceed

124320.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

417511.02

Forgiveness Date

01/13/2021

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