PPP Loan information for Mcdonald trucking, inc.

$260,000

Mcdonald trucking, inc. was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/14/2020 by The Isabella Bank reported 22 jobs and $260,000 was used to fund payroll.

Mcdonald trucking, inc. is Existing or more than 2 years old

MCDONALD TRUCKING, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCDONALD TRUCKING, INC.

Borrower Address

1720 E Pickard St

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-9693

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-9693

CD

MI-02

Jobs Reported

22

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

208000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

2000

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

251363.01

Forgiveness Date

11/09/2020

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