PPP Loan information for Mckinney saw and cycle, inc

$420,896

Mckinney saw and cycle, inc was initially approved for PPP Loan of amount $420,896, the current approved amount is $420,896. The loan was approved on 04/10/2020 by The Origin Bank reported 45 jobs and $420,896 was used to fund payroll.

Mckinney saw and cycle, inc is Existing or more than 2 years old

MCKINNEY SAW AND CYCLE, INC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MCKINNEY SAW AND CYCLE, INC

Borrower Address

715 N. SERVICE RD

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-2912

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420896.00

Current Approval Amount

420896.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-2912

CD

LA-05

Jobs Reported

45

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

315672.00

Mortgage Interest Proceed

21046.00

Rent Proceed

84178.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

423994.26

Forgiveness Date

01/07/2021

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