Mcmahon Steel Company, Inc.

$4,300,500 PPP Loan in Chula Vista, California

Loan Details

Loan Number
5044317009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$4,300,500
Current Approval
$4,300,500
Forgiveness Amount
$4,347,864
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcmahon Steel Company, Inc.
Address
1880 Nirvana Ave
ZIP Code
91911-6118
Business Type
Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
208
Estimated Revenue
$48.1M
Rural/Urban
Urban
Congressional District
CA-52

Loan Use Breakdown

Payroll
$4,240,500
Rent
$36,000
Utilities
$24,000

Lender Information

Servicing Lender
Calprivate Bank
Originating Lender
Calprivate Bank

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