PPP Loan information for Mcdonald equipment company

$183,949

Mcdonald equipment company was initially approved for PPP Loan of amount $183,949, the current approved amount is $183,949. The loan was approved on 04/28/2020 by The Northwest Bank reported 16 jobs and $183,949 was used to fund payroll.

Mcdonald equipment company is Existing or more than 2 years old

MCDONALD EQUIPMENT COMPANY

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MCDONALD EQUIPMENT COMPANY

Borrower Address

37200 Vine Street

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183949.00

Current Approval Amount

183949.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-2900

CD

OH-14

Jobs Reported

16

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

183949.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185269.40

Forgiveness Date

01/25/2021

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