PPP Loan information for Macdo foods, inc.

$2,027,843

Macdo foods, inc. was initially approved for PPP Loan of amount $2,027,842, the current approved amount is $2,027,843. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 371 jobs and $2,027,843 was used to fund payroll.

Macdo foods, inc. is Existing or more than 2 years old

PPP Loan Search / NY / BUFFALO / Macdo foods, inc.

MACDO FOODS, INC.

Date Approved

04/13/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

MACDO FOODS, INC.

Borrower Address

165 Deer Run

Borrower City

BUFFALO

Borrower State

NY

Borrower Zip

14221-1823

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2027842.00

Current Approval Amount

2027842.50

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

ERIE

Project State

NY

Project Zip

14221-1823

CD

NY-26

Jobs Reported

371

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

119930.00

Payroll Proceed

1525000.50

Mortgage Interest Proceed

66475.00

Rent Proceed

281197.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35240.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2050898.79

Forgiveness Date

06/11/2021

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