PPP Loan information for Mcmurry construction co. inc.

$1,659,500

Mcmurry construction co. inc. was initially approved for PPP Loan of amount $1,659,500, the current approved amount is $1,659,500. The loan was approved on 01/28/2021 by The Independent Bank reported 56 jobs and $1,659,500 was used to fund payroll.

Mcmurry construction co. inc. is Existing or more than 2 years old

PPP Loan Search / TN / Memphis / Mcmurry construction co. inc.

MCMURRY CONSTRUCTION CO. INC.

Date Approved

01/28/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MCMURRY CONSTRUCTION CO. INC.

Borrower Address

5335 Distriplex Farms Dr

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38141-8231

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1659500.00

Current Approval Amount

1659500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122688

Servicing Lender Name

Independent Bank

Servicing Lender Address

5050 Poplar Ave, Ste 2200

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38157-2200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Memphis

Project County Name

SHELBY

Project State

TN

Project Zip

38141-8231

CD

TN-09

Jobs Reported

56

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1659498.00

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

Subchapter S Corporation

Originating Lender Location Id

122688

Originating Lender

Independent Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1675634.03

Forgiveness Date

01/19/2022

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