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 01/25/2021 by The Comerica Bank reported 93 jobs and $1,159,300 was used to fund payroll.

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

MCGRATH ENTERPRISES INC.

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MCGRATH ENTERPRISES INC.

Borrower Address

2020 N Randall Rd

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123-7801

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

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

93

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1159300.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1168960.83

Forgiveness Date

11/24/2021

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