PPP Loan information for The mcpherson companies inc

$2,000,000

The mcpherson companies inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/07/2021 by The Truist Bank reported 196 jobs and $2,000,000 was used to fund payroll.

The mcpherson companies inc is Existing or more than 2 years old

PPP Loan Search / AL / Trussville / The mcpherson companies inc

THE MCPHERSON COMPANIES INC

Date Approved

05/07/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

THE MCPHERSON COMPANIES INC

Borrower Address

5051 Cardinal St

Borrower City

Trussville

Borrower State

AL

Borrower Zip

35173-1871

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Trussville

Project County Name

JEFFERSON

Project State

AL

Project Zip

35173-1871

CD

AL-06

Jobs Reported

196

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2009444.44

Forgiveness Date

11/01/2021

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