PPP Loan information for Mcnally elevator company

$313,699

Mcnally elevator company was initially approved for PPP Loan of amount $313,699, the current approved amount is $313,699. The loan was approved on 04/01/2021 by The Mercantile Bank reported 24 jobs and $313,699 was used to fund payroll.

Mcnally elevator company is Existing or more than 2 years old

MCNALLY ELEVATOR COMPANY

Date Approved

04/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCNALLY ELEVATOR COMPANY

Borrower Address

223 W Ransom St

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49007-3635

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

313698.67

Current Approval Amount

313698.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3635

CD

MI-04

Jobs Reported

24

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

313697.67

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315030.82

Forgiveness Date

09/15/2021

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