PPP Loan information for Mccoy restaurants inc

$53,300

Mccoy restaurants inc was initially approved for PPP Loan of amount $53,300, the current approved amount is $53,300. The loan was approved on 04/28/2020 by The The Bank of Elk River reported 15 jobs and $53,300 was used to fund payroll.

Mccoy restaurants inc is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Mccoy restaurants inc

MCCOY RESTAURANTS INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCCOY RESTAURANTS INC

Borrower Address

651 MAIN ST

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-1502

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53300.00

Current Approval Amount

53300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-1502

CD

MN-06

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53300.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

53678.21

Forgiveness Date

01/20/2021

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