PPP Loan information for Mcgowan electric supply, inc.

$257,300

Mcgowan electric supply, inc. was initially approved for PPP Loan of amount $257,300, the current approved amount is $257,300. The loan was approved on 04/06/2020 by The County National Bank reported 20 jobs and $257,300 was used to fund payroll.

Mcgowan electric supply, inc. is Existing or more than 2 years old

MCGOWAN ELECTRIC SUPPLY, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCGOWAN ELECTRIC SUPPLY, INC.

Borrower Address

425 E. WASHINGTON

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49204-3389

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257300.00

Current Approval Amount

257300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49204-3389

CD

MI-05

Jobs Reported

20

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12865.00

Payroll Proceed

205840.00

Mortgage Interest Proceed

38595.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259001.04

Forgiveness Date

12/10/2020

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