PPP Loan information for Mcdonough farms, inc

$237,400

Mcdonough farms, inc was initially approved for PPP Loan of amount $237,400, the current approved amount is $237,400. The loan was approved on 04/06/2020 by The BayVanguard Bank reported 23 jobs and $237,400 was used to fund payroll.

Mcdonough farms, inc is Existing or more than 2 years old

MCDONOUGH FARMS, INC

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MCDONOUGH FARMS, INC

Borrower Address

8120 VETERANS HWY STE 101

Borrower City

MILLERSVILLE

Borrower State

MD

Borrower Zip

21108-1412

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237400.00

Current Approval Amount

237400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89333

Servicing Lender Name

BayVanguard Bank

Servicing Lender Address

7114 N Point Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21219-1220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLERSVILLE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21108-1412

CD

MD-03

Jobs Reported

23

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237400.00

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

89333

Originating Lender

BayVanguard Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

240079.69

Forgiveness Date

06/04/2021

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