PPP Loan information for Macdonald broadcasting company

$419,897

Macdonald broadcasting company was initially approved for PPP Loan of amount $419,897, the current approved amount is $419,897. The loan was approved on 02/05/2021 by The Independent Bank reported 41 jobs and $419,897 was used to fund payroll.

Macdonald broadcasting company is Existing or more than 2 years old

MACDONALD BROADCASTING COMPANY

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MACDONALD BROADCASTING COMPANY

Borrower Address

2000 Whittier St

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48601-2271

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419897.00

Current Approval Amount

419897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-2271

CD

MI-08

Jobs Reported

41

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

419895.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422462.40

Forgiveness Date

09/22/2021

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