PPP Loan information for Mclachlan drilling company

$201,278

Mclachlan drilling company was initially approved for PPP Loan of amount $201,278, the current approved amount is $201,278. The loan was approved on 04/27/2020 by The Isabella Bank reported 17 jobs and $201,278 was used to fund payroll.

Mclachlan drilling company is Existing or more than 2 years old

PPP Loan Search / MI / EVART / Mclachlan drilling company

MCLACHLAN DRILLING COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCLACHLAN DRILLING COMPANY

Borrower Address

10418 EVERGREEN RD

Borrower City

EVART

Borrower State

MI

Borrower Zip

49631-9640

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201277.50

Current Approval Amount

201277.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EVART

Project County Name

MECOSTA

Project State

MI

Project Zip

49631-9640

CD

MI-02

Jobs Reported

17

NAICS Code

237120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201277.50

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

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202771.92

Forgiveness Date

01/28/2021

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