PPP Loan information for Mcdonald and sons, inc.

$1,415,900

Mcdonald and sons, inc. was initially approved for PPP Loan of amount $1,415,900, the current approved amount is $1,415,900. The loan was approved on 04/30/2020 by The Truist Bank reported 100 jobs and $1,415,900 was used to fund payroll.

Mcdonald and sons, inc. is New Business or 2 years or less

PPP Loan Search / MD / Jessup / Mcdonald and sons, inc.

MCDONALD AND SONS, INC.

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MCDONALD AND SONS, INC.

Borrower Address

8009 E. Old Jessup Rd.

Borrower City

Jessup

Borrower State

MD

Borrower Zip

20794

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1415900.00

Current Approval Amount

1415900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Jessup

Project County Name

HOWARD

Project State

MD

Project Zip

20794-0001

CD

MD-03

Jobs Reported

100

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1415900.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1434700.01

Forgiveness Date

09/02/2021

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