PPP Loan information for Mcgee farm

$28,259

Mcgee farm was initially approved for PPP Loan of amount $28,259, the current approved amount is $28,259. The loan was approved on 04/28/2020 by The The Farmers & Merchants Bank reported 3 jobs and $28,259 was used to fund payroll.

Mcgee farm is Existing or more than 2 years old

MCGEE FARM

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCGEE FARM

Borrower Address

8211 COUNTY ROAD 7

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35633-5733

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28258.54

Current Approval Amount

28258.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3367

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

320 Main St

Servicing Lender City

WATERLOO

Servicing Lender State

AL

Servicing Lender Zip

35677-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35633-5733

CD

AL-05

Jobs Reported

3

NAICS Code

111422

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2244.35

Payroll Proceed

22606.83

Mortgage Interest Proceed

0.00

Rent Proceed

2244.36

Refinance EIDL Proceed

0.00

Health Care Proceed

1163.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

3367

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

WATERLOO

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28472.22

Forgiveness Date

02/09/2021

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