PPP Loan information for Mcmahan construction

$228,000

Mcmahan construction was initially approved for PPP Loan of amount $228,000, the current approved amount is $228,000. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 18 jobs and $228,000 was used to fund payroll.

Mcmahan construction is Existing or more than 2 years old

PPP Loan Search / FL / DELAND / Mcmahan construction

MCMAHAN CONSTRUCTION

Date Approved

05/01/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

MCMAHAN CONSTRUCTION

Borrower Address

123 E INDIANA AVE

Borrower City

DELAND

Borrower State

FL

Borrower Zip

32724

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228000.00

Current Approval Amount

228000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DELAND

Project County Name

VOLUSIA

Project State

FL

Project Zip

32724-0001

CD

FL-06

Jobs Reported

18

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

230217.53

Forgiveness Date

04/28/2021

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