Michael Mcginn, Inc.

$191,700 PPP Loan in Inverness, Illinois

Loan Details

Loan Number
7501537109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$191,700
Current Approval
$191,700
Forgiveness Amount
$194,325
Forgiveness Date
Aug 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michael Mcginn, Inc.
Address
1627 Colonial Pkwy, Ste 100
ZIP Code
60067-4732
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$143,780
Rent
$28,755
Utilities
$19,165

Lender Information

Servicing Lender
Barrington Bank & Trust Company, National Association
Originating Lender
Barrington Bank & Trust Company, National Association

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