PPP Loan information for Mcmahon oil inc

$55,800

Mcmahon oil inc was initially approved for PPP Loan of amount $55,800, the current approved amount is $55,800. The loan was approved on 03/13/2021 by The Glenwood State Bank Incorporated reported 4 jobs and $55,800 was used to fund payroll.

Mcmahon oil inc is Existing or more than 2 years old

PPP Loan Search / MN / Glenwood / Mcmahon oil inc

MCMAHON OIL INC

Date Approved

03/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MCMAHON OIL INC

Borrower Address

1690 10th Ave NE

Borrower City

Glenwood

Borrower State

MN

Borrower Zip

56334-9703

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55800.00

Current Approval Amount

55800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenwood

Project County Name

POPE

Project State

MN

Project Zip

56334-9703

CD

MN-07

Jobs Reported

4

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55799.00

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

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56237.23

Forgiveness Date

01/03/2022

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