PPP Loan information for Mcgrath's towing & recovery inc.

$55,700

Mcgrath's towing & recovery inc. was initially approved for PPP Loan of amount $74,200, the current approved amount is $55,700. The loan was approved on 04/13/2020 by The South Shore Bank reported 4 jobs and $55,700 was used to fund payroll.

Mcgrath's towing & recovery inc. is Existing or more than 2 years old

PPP Loan Search / MA / STOUGHTON / Mcgrath's towing & recovery inc.

MCGRATH'S TOWING & RECOVERY INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MCGRATH'S TOWING & RECOVERY INC.

Borrower Address

1136 TURNPIKE ST

Borrower City

STOUGHTON

Borrower State

MA

Borrower Zip

02072-1121

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74200.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STOUGHTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02072-1121

CD

MA-08

Jobs Reported

4

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55700.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56300.32

Forgiveness Date

05/12/2021

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