PPP Loan information for Mccally tool & supply co.

$87,500

Mccally tool & supply co. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 08/06/2020 by The First Merchants Bank reported 10 jobs and $87,500 was used to fund payroll.

Mccally tool & supply co. is Existing or more than 2 years old

PPP Loan Search / MI / LIVONIA / Mccally tool & supply co.

MCCALLY TOOL & SUPPLY CO.

Date Approved

08/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCCALLY TOOL & SUPPLY CO.

Borrower Address

34417 INDUSTRIAL RD

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-1305

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1305

CD

MI-12

Jobs Reported

10

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88231.16

Forgiveness Date

06/08/2021

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