PPP Loan information for Mccarthy group industries, inc.

$554,000

Mccarthy group industries, inc. was initially approved for PPP Loan of amount $554,000, the current approved amount is $554,000. The loan was approved on 04/11/2020 by The West Michigan Community Bank reported 47 jobs and $554,000 was used to fund payroll.

Mccarthy group industries, inc. is Existing or more than 2 years old

MCCARTHY GROUP INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCCARTHY GROUP INDUSTRIES, INC.

Borrower Address

5505 52ND ST

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-9700

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

554000.00

Current Approval Amount

554000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-9700

CD

MI-03

Jobs Reported

47

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554000.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

558155.00

Forgiveness Date

01/13/2021

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