Mcgough Bus Company, INC

$723,000 PPP Loan in Blackwood, New Jersey

Loan Details

Loan Number
5480047007
Date Approved
Apr 5, 2020
Loan Status
Charged Off
Initial Approval
$723,000
Current Approval
$667,900
Forgiveness Amount
$101,104
Forgiveness Date
Jan 4, 2022
Term
2 months
Draw
First Draw

Business Information

Business Name
Mcgough Bus Company, INC
Address
4121 Route 42
ZIP Code
08012-1714
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485410)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$49.6M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$534,320
Rent
$116,883
Utilities
$16,697

Lender Information

Servicing Lender
First Savings Bank
Originating Lender
First Savings Bank

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