PPP Loan information for Mcdonald ave paper & plastic distributor inc

$297,033

Mcdonald ave paper & plastic distributor inc was initially approved for PPP Loan of amount $297,033, the current approved amount is $297,033. The loan was approved on 04/14/2020 by The Provident Bank reported 32 jobs and $297,033 was used to fund payroll.

Mcdonald ave paper & plastic distributor inc is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Mcdonald ave paper & plastic distributor inc

MCDONALD AVE PAPER & PLASTIC DISTRIBUTOR INC

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MCDONALD AVE PAPER & PLASTIC DISTRIBUTOR INC

Borrower Address

58 50TH ST

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11232-4301

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297033.00

Current Approval Amount

297033.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11232-4301

CD

NY-10

Jobs Reported

32

NAICS Code

423490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297033.00

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299669.68

Forgiveness Date

03/09/2021

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