PPP Loan information for Mcgee downtown llc

$320,320

Mcgee downtown llc was initially approved for PPP Loan of amount $320,320, the current approved amount is $320,320. The loan was approved on 01/21/2021 by The Independent Bank reported 25 jobs and $320,320 was used to fund payroll.

Mcgee downtown llc is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Mcgee downtown llc

MCGEE DOWNTOWN LLC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCGEE DOWNTOWN LLC

Borrower Address

250 E Front St

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49684-3602

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320320.00

Current Approval Amount

320320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-3602

CD

MI-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

320316.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324479.77

Forgiveness Date

05/19/2022

;