Date Approved
04/06/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MCKERCHIE ENTERPRISES INC
Borrower Address
5092 W VIENNA RD
Borrower City
CLIO
Borrower State
MI
Borrower Zip
48420-2802
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
124500.00
Current Approval Amount
131717.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
34774
Servicing Lender Name
The State Bank
Servicing Lender Address
101 N Leroy St
Servicing Lender City
FENTON
Servicing Lender State
Servicing Lender Zip
48430-3804
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GENESEE
Project State
Project Zip
CD
MI-08
Jobs Reported
11
NAICS Code
238210
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
132680.52
Forgiveness Date
01/11/2021