Mcnews Produce Co INC

$452,500 PPP Loan in Henderson, Texas

Loan Details

Loan Number
4974927006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$452,500
Current Approval
$452,500
Forgiveness Amount
$456,107
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcnews Produce Co INC
Address
400 US Highway 79 South
State
Texas
ZIP Code
75652-2650
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424480)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$452,500

Lender Information

Servicing Lender
Verabank, National Association
Originating Lender
Verabank, National Association

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