PPP Loan information for The mcgarity insurance agency inc

$136,700

The mcgarity insurance agency inc was initially approved for PPP Loan of amount $136,700, the current approved amount is $136,700. The loan was approved on 04/11/2020 by The United Community Bank reported 8 jobs and $136,700 was used to fund payroll.

The mcgarity insurance agency inc is Existing or more than 2 years old

THE MCGARITY INSURANCE AGENCY INC

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE MCGARITY INSURANCE AGENCY INC

Borrower Address

60 Jonesboro St

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30253-3117

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136700.00

Current Approval Amount

136700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30253-3117

CD

GA-10

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136700.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

137456.53

Forgiveness Date

11/27/2020

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