PPP Loan information for Mcgavic outdoor power equipment inc

$306,400

Mcgavic outdoor power equipment inc was initially approved for PPP Loan of amount $306,400, the current approved amount is $306,400. The loan was approved on 04/07/2020 by The The Farmers Bank, Frankfort, Indiana reported 36 jobs and $306,400 was used to fund payroll.

Mcgavic outdoor power equipment inc is Existing or more than 2 years old

MCGAVIC OUTDOOR POWER EQUIPMENT INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MCGAVIC OUTDOOR POWER EQUIPMENT INC

Borrower Address

1800 E Haven St

Borrower City

KOKOMO

Borrower State

IN

Borrower Zip

46901-3187

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306400.00

Current Approval Amount

306400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23150

Servicing Lender Name

The Farmers Bank, Frankfort, Indiana

Servicing Lender Address

9 E Clinton St

Servicing Lender City

FRANKFORT

Servicing Lender State

IN

Servicing Lender Zip

46041-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

HOWARD

Project State

IN

Project Zip

46901-3187

CD

IN-05

Jobs Reported

36

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306400.00

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

Corporation

Originating Lender Location Id

23150

Originating Lender

The Farmers Bank, Frankfort, Indiana

Originating Lender City

FRANKFORT

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310681.21

Forgiveness Date

09/09/2021

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