PPP Loan information for Mcdowall company

$2,000,000

Mcdowall company was initially approved for PPP Loan of amount $2,674,500, the current approved amount is $2,000,000. The loan was approved on 04/07/2020 by The Sentry Bank reported 144 jobs and $2,000,000 was used to fund payroll.

Mcdowall company is Existing or more than 2 years old

MCDOWALL COMPANY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCDOWALL COMPANY

Borrower Address

1431 Prosper Dr.

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1891

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2674500.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1891

CD

MN-06

Jobs Reported

144

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

167450.00

Payroll Proceed

1565100.00

Mortgage Interest Proceed

0.00

Rent Proceed

267450.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2018500.00

Forgiveness Date

03/16/2021

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