PPP Loan information for Mcdonald electrical corperation

$10,000,000

Mcdonald electrical corperation was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/12/2020 by The Rockland Trust Company reported 365 jobs and $10,000,000 was used to fund payroll.

Mcdonald electrical corperation is Existing or more than 2 years old

PPP Loan Search / MA / HINGHAM / Mcdonald electrical corperation

MCDONALD ELECTRICAL CORPERATION

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MCDONALD ELECTRICAL CORPERATION

Borrower Address

72 Sharp Street Unit C-8

Borrower City

HINGHAM

Borrower State

MA

Borrower Zip

02043-4312

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HINGHAM

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02043-4312

CD

MA-08

Jobs Reported

365

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10115277.78

Forgiveness Date

06/11/2021

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