PPP Loan information for Mckearney asphalt & sealing, inc

$375,777

Mckearney asphalt & sealing, inc was initially approved for PPP Loan of amount $375,777, the current approved amount is $375,777. The loan was approved on 04/09/2020 by The Mercantile Bank reported 12 jobs and $375,777 was used to fund payroll.

Mckearney asphalt & sealing, inc is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Mckearney asphalt & sealing, inc

MCKEARNEY ASPHALT & SEALING, INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCKEARNEY ASPHALT & SEALING, INC

Borrower Address

16501 S US HIGHWAY 27

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-5630

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375777.00

Current Approval Amount

375777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

CLINTON

Project State

MI

Project Zip

48906-5630

CD

MI-07

Jobs Reported

12

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.00

Payroll Proceed

345177.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

6000

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

379895.10

Forgiveness Date

05/21/2021

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