PPP Loan information for Mcmahon oil, inc.

$49,700

Mcmahon oil, inc. was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 04/08/2020 by The Glenwood State Bank Incorporated reported 4 jobs and $49,700 was used to fund payroll.

Mcmahon oil, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GLENWOOD / Mcmahon oil, inc.

MCMAHON OIL, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCMAHON OIL, INC.

Borrower Address

1690 10th Ave NE

Borrower City

GLENWOOD

Borrower State

MN

Borrower Zip

56334-8805

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENWOOD

Project County Name

POPE

Project State

MN

Project Zip

56334-8805

CD

MN-07

Jobs Reported

4

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49700.00

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

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49941.60

Forgiveness Date

10/13/2020

;