Mcgehee Engineering Corp.

$591,877 PPP Loan in Jasper, Alabama

Loan Details

Loan Number
5866407000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$591,877
Current Approval
$591,877
Forgiveness Amount
$595,297
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcgehee Engineering Corp.
Address
450 19th Street West
City
Jasper
State
Alabama
ZIP Code
35501-5416
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$488,425
Rent
$18,000
Utilities
$8,750
Health Care
$76,702

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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