PPP Loan information for Mcgrath enterprises, inc.

$1,159,300

Mcgrath enterprises, inc. was initially approved for PPP Loan of amount $1,159,300, the current approved amount is $1,159,300. The loan was approved on 04/28/2020 by The Comerica Bank reported 121 jobs and $1,159,300 was used to fund payroll.

Mcgrath enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Mcgrath enterprises, inc.

MCGRATH ENTERPRISES, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCGRATH ENTERPRISES, INC.

Borrower Address

2020 North Randall Road

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123-7801

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1159300.00

Current Approval Amount

1159300.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60123-7801

CD

IL-08

Jobs Reported

121

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

927508.00

Mortgage Interest Proceed

231792.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1166384.61

Forgiveness Date

12/15/2020

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