PPP Loan information for Mckaren lp

$2,464,906

Mckaren lp was initially approved for PPP Loan of amount $2,501,993, the current approved amount is $2,464,906. The loan was approved on 04/14/2020 by The PlainsCapital Bank reported 500 jobs and $2,464,906 was used to fund payroll.

Mckaren lp is Existing or more than 2 years old

MCKAREN LP

Date Approved

04/14/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MCKAREN LP

Borrower Address

12970 Pandora Dr, Ste 24

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75238-5222

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2501993.00

Current Approval Amount

2464906.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

71316

Servicing Lender Name

PlainsCapital Bank

Servicing Lender Address

2911 Turtle Creek Blvd. Suite 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75238-5222

CD

TX-32

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

120000.00

Payroll Proceed

1875271.00

Mortgage Interest Proceed

0.00

Rent Proceed

400000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58730.00

Debt Interest Proceed

10905

Business Type

Partnership

Originating Lender Location Id

71316

Originating Lender

PlainsCapital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2493183.95

Forgiveness Date

06/11/2021

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