Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MCLACHLAN DRILLING COMPANY
Borrower Address
10418 EVERGREEN RD
Borrower City
EVART
Borrower State
MI
Borrower Zip
49631-9640
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
201277.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36147
Servicing Lender Name
Isabella Bank
Servicing Lender Address
139 E Broadway
Servicing Lender City
MOUNT PLEASANT
Servicing Lender State
Servicing Lender Zip
48858-2312
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MECOSTA
Project State
Project Zip
CD
MI-02
Jobs Reported
17
NAICS Code
237120
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
202771.92
Forgiveness Date
01/28/2021