Mcgrath Enterprises Inc.

$1,159,300 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
5563048303
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$1,159,300
Current Approval
$1,159,300
Forgiveness Amount
$1,168,961
Forgiveness Date
Nov 24, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcgrath Enterprises Inc.
Address
2020 N Randall Rd
City
Elgin
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
93
Estimated Revenue
$23.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$1,159,300

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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