Mckinney Saw and Cycle, INC

$420,896 PPP Loan in Ruston, Louisiana

Loan Details

Loan Number
1715197101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$420,896
Current Approval
$420,896
Forgiveness Amount
$423,994
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mckinney Saw and Cycle, INC
Address
715 N. Service Rd
City
Ruston
ZIP Code
71270-2912
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
LA-05

Loan Use Breakdown

Payroll
$315,672
Rent
$84,178
Mortgage Interest
$21,046

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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