PPP Loan information for Mccarthy & smith, inc.

$1,081,200

Mccarthy & smith, inc. was initially approved for PPP Loan of amount $1,081,200, the current approved amount is $1,081,200. The loan was approved on 04/14/2020 by The Comerica Bank reported 58 jobs and $1,081,200 was used to fund payroll.

Mccarthy & smith, inc. is Existing or more than 2 years old

MCCARTHY & SMITH, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCCARTHY & SMITH, INC.

Borrower Address

24317 INDOPLEX CIR

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48335-2525

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1081200.00

Current Approval Amount

1081200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2525

CD

MI-11

Jobs Reported

58

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

865022.00

Mortgage Interest Proceed

216178.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1088197.77

Forgiveness Date

12/10/2020

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