PPP Loan information for Russ mcdonald & son trucking, llc

$55,900

Russ mcdonald & son trucking, llc was initially approved for PPP Loan of amount $69,400, the current approved amount is $55,900. The loan was approved on 04/28/2020 by The Cornerstone Bank reported 4 jobs and $55,900 was used to fund payroll.

Russ mcdonald & son trucking, llc is Existing or more than 2 years old

RUSS MCDONALD & SON TRUCKING, LLC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RUSS MCDONALD & SON TRUCKING, LLC

Borrower Address

1237 OAKHAM RD

Borrower City

NEW BRAINTREE

Borrower State

MA

Borrower Zip

01531-0079

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69400.00

Current Approval Amount

55900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAINTREE

Project County Name

WORCESTER

Project State

MA

Project Zip

01531-0079

CD

MA-01

Jobs Reported

4

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52204.19

Forgiveness Date

12/02/2020

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