PPP Loan information for M&d, inc.

$153,800

M&d, inc. was initially approved for PPP Loan of amount $153,800, the current approved amount is $153,800. The loan was approved on 04/15/2020 by The Lake Forest Bank & Trust Company, National Association reported 40 jobs and $153,800 was used to fund payroll.

M&d, inc. is New Business or 2 years or less

M&D, INC.

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

M&D, INC.

Borrower Address

3777 LONG BEACH BLVD

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90807-3325

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153800.00

Current Approval Amount

153800.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-3325

CD

CA-44

Jobs Reported

40

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1922.50

Payroll Proceed

115350.00

Mortgage Interest Proceed

0.00

Rent Proceed

36527.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154966.32

Forgiveness Date

01/20/2021

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