The Mcpherson Companies INC

$2,000,000 PPP Loan in Trussville, Alabama

Loan Details

Loan Number
7197708908
Date Approved
May 7, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,009,444
Forgiveness Date
Nov 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Mcpherson Companies INC
Address
5051 Cardinal St
State
Alabama
ZIP Code
35173-1871
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
196
Estimated Revenue
$50.5M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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