PPP Loan information for Mcquade distributing co. inc.

$551,300

Mcquade distributing co. inc. was initially approved for PPP Loan of amount $551,300, the current approved amount is $551,300. The loan was approved on 04/13/2020 by The Dakota Western Bank reported 31 jobs and $551,300 was used to fund payroll.

Mcquade distributing co. inc. is Existing or more than 2 years old

PPP Loan Search / ND / BISMARCK / Mcquade distributing co. inc.

MCQUADE DISTRIBUTING CO. INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MCQUADE DISTRIBUTING CO. INC.

Borrower Address

1150 INDUSTRIAL DR

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58501-3315

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551300.00

Current Approval Amount

551300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52938

Servicing Lender Name

Dakota Western Bank

Servicing Lender Address

202 S Main St

Servicing Lender City

BOWMAN

Servicing Lender State

ND

Servicing Lender Zip

58623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-3315

CD

ND-

Jobs Reported

31

NAICS Code

424810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

68907.00

Payroll Proceed

413485.00

Mortgage Interest Proceed

0.00

Rent Proceed

68908.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52938

Originating Lender

Dakota Western Bank

Originating Lender City

BOWMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

554623.11

Forgiveness Date

11/23/2020

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