PPP Loan information for Macdonald electric,inc

$260,154

Macdonald electric,inc was initially approved for PPP Loan of amount $260,154, the current approved amount is $260,154. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 24 jobs and $260,154 was used to fund payroll.

Macdonald electric,inc is New Business or 2 years or less

MACDONALD ELECTRIC,INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MACDONALD ELECTRIC,INC

Borrower Address

1141 POMONA RD STE C

Borrower City

CORONA

Borrower State

CA

Borrower Zip

92882-7148

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260154.00

Current Approval Amount

260154.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CORONA

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92882-7148

CD

CA-41

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260154.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262335.02

Forgiveness Date

03/11/2021

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