PPP Loan information for Mcmahon steel company, inc.

$4,300,500

Mcmahon steel company, inc. was initially approved for PPP Loan of amount $4,300,500, the current approved amount is $4,300,500. The loan was approved on 04/04/2020 by The CalPrivate Bank reported 208 jobs and $4,300,500 was used to fund payroll.

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

MCMAHON STEEL COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0954

Processing Method

PPP

Borrower Name

MCMAHON STEEL COMPANY, INC.

Borrower Address

1880 NIRVANA AVE

Borrower City

CHULA VISTA

Borrower State

CA

Borrower Zip

91911-6118

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4300500.00

Current Approval Amount

4300500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444953

Servicing Lender Name

CalPrivate Bank

Servicing Lender Address

9404 Genesee Ave Ste 100

Servicing Lender City

LA JOLLA

Servicing Lender State

CA

Servicing Lender Zip

92037-1353

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHULA VISTA

Project County Name

SAN DIEGO

Project State

CA

Project Zip

91911-6118

CD

CA-52

Jobs Reported

208

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24000.00

Payroll Proceed

4240500.00

Mortgage Interest Proceed

0.00

Rent Proceed

36000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

444953

Originating Lender

CalPrivate Bank

Originating Lender City

LA JOLLA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4347864.41

Forgiveness Date

05/21/2021

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