PPP Loan information for Mcdonald towing & rescue inc.

$369,367

Mcdonald towing & rescue inc. was initially approved for PPP Loan of amount $369,367, the current approved amount is $369,367. The loan was approved on 01/17/2021 by The Southern Michigan Bank & Trust reported 37 jobs and $369,367 was used to fund payroll.

Mcdonald towing & rescue inc. is Existing or more than 2 years old

MCDONALD TOWING & RESCUE INC.

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCDONALD TOWING & RESCUE INC.

Borrower Address

2975 Interstate Pkwy

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49048-9600

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

369367.00

Current Approval Amount

369367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49048-9600

CD

MI-04

Jobs Reported

37

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

369364.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

372321.94

Forgiveness Date

11/16/2021

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