PPP Loan information for Mclean's promart home center #2 inc

$96,617

Mclean's promart home center #2 inc was initially approved for PPP Loan of amount $96,617, the current approved amount is $96,617. The loan was approved on 05/11/2020 by The Northland Area FCU reported 12 jobs and $96,617 was used to fund payroll.

Mclean's promart home center #2 inc is Existing or more than 2 years old

MCLEAN'S PROMART HOME CENTER #2 INC

Date Approved

05/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCLEAN'S PROMART HOME CENTER #2 INC

Borrower Address

209 South James Street

Borrower City

Grayling

Borrower State

MI

Borrower Zip

49738

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96617.00

Current Approval Amount

96617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99552

Servicing Lender Name

Northland Area FCU

Servicing Lender Address

1161 N Bagley St.

Servicing Lender City

ALPENA

Servicing Lender State

MI

Servicing Lender Zip

49707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grayling

Project County Name

CRAWFORD

Project State

MI

Project Zip

49738-0001

CD

MI-01

Jobs Reported

12

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4831.00

Payroll Proceed

72463.00

Mortgage Interest Proceed

19323.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99552

Originating Lender

Northland Area FCU

Originating Lender City

ALPENA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97053.76

Forgiveness Date

11/02/2020

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