PPP Loan information for Mcdonald industries inc.

$294,780

Mcdonald industries inc. was initially approved for PPP Loan of amount $294,780, the current approved amount is $294,780. The loan was approved on 02/18/2021 by The Capital One, National Association reported 17 jobs and $294,780 was used to fund payroll.

Mcdonald industries inc. is Existing or more than 2 years old

MCDONALD INDUSTRIES INC.

Date Approved

02/18/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MCDONALD INDUSTRIES INC.

Borrower Address

451 Fortson St

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71107-6912

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

294780.00

Current Approval Amount

294780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71107-6912

CD

LA-04

Jobs Reported

17

NAICS Code

333132

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

294777.00

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

Subchapter S Corporation

Originating Lender Location Id

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

296483.17

Forgiveness Date

09/24/2021

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