PPP Loan information for Mcmahon and company wholesale distributo

$487,500

Mcmahon and company wholesale distributo was initially approved for PPP Loan of amount $487,500, the current approved amount is $487,500. The loan was approved on 04/09/2020 by The Summit CU reported 48 jobs and $487,500 was used to fund payroll.

Mcmahon and company wholesale distributo is Existing or more than 2 years old

MCMAHON AND COMPANY WHOLESALE DISTRIBUTO

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MCMAHON AND COMPANY WHOLESALE DISTRIBUTO

Borrower Address

W213 N16910 Industrial Drive. P.O. Box 336

Borrower City

JACKSON

Borrower State

WI

Borrower Zip

53037-0336

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487500.00

Current Approval Amount

487500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

WASHINGTON

Project State

WI

Project Zip

53037-0336

CD

WI-05

Jobs Reported

48

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

487500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490451.71

Forgiveness Date

11/30/2020

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