PPP Loan information for Mcpherson industrial corporation

$488,190

Mcpherson industrial corporation was initially approved for PPP Loan of amount $488,190, the current approved amount is $488,190. The loan was approved on 04/27/2020 by The Tri-County Bank reported 33 jobs and $488,190 was used to fund payroll.

Mcpherson industrial corporation is Existing or more than 2 years old

PPP Loan Search / MI / ROMEO / Mcpherson industrial corporation

MCPHERSON INDUSTRIAL CORPORATION

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCPHERSON INDUSTRIAL CORPORATION

Borrower Address

120 EAST POND DR

Borrower City

ROMEO

Borrower State

MI

Borrower Zip

48065-4902

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488190.00

Current Approval Amount

488190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROMEO

Project County Name

MACOMB

Project State

MI

Project Zip

48065-4902

CD

MI-09

Jobs Reported

33

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488190.00

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

Subchapter S Corporation

Originating Lender Location Id

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491466.89

Forgiveness Date

12/31/2020

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