PPP Loan information for Mcgrath enterprises inc

$76,292

Mcgrath enterprises inc was initially approved for PPP Loan of amount $76,292, the current approved amount is $76,292. The loan was approved on 02/12/2021 by The Eastern Bank reported 12 jobs and $76,292 was used to fund payroll.

Mcgrath enterprises inc is Existing or more than 2 years old

MCGRATH ENTERPRISES INC

Date Approved

02/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MCGRATH ENTERPRISES INC

Borrower Address

28 Oakville St

Borrower City

Lynn

Borrower State

MA

Borrower Zip

01905-2817

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76292.00

Current Approval Amount

76292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynn

Project County Name

ESSEX

Project State

MA

Project Zip

01905-2817

CD

MA-06

Jobs Reported

12

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76290.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77169.36

Forgiveness Date

04/07/2022

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