Mcgrath Enterprises, Inc.
$1,159,300 PPP Loan in Elgin, Illinois
Loan Details
- Loan Number
- 1605247309
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,159,300
- Current Approval
- $1,159,300
- Forgiveness Amount
- $1,166,385
- Forgiveness Date
- Dec 15, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcgrath Enterprises, Inc.
- Address
- 2020 North Randall Road
- City
- Elgin
- State
- Illinois
- ZIP Code
- 60123-7801
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Honda Automobile Division - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 121
- Estimated Revenue
- $30.5M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $927,508
- Mortgage Interest
- $231,792
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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