Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MCDONOUGH TRUCK LINES INC
Borrower Address
3115 INDUSTRIAL DR
Borrower City
FARIBAULT
Borrower State
MN
Borrower Zip
55021-1700
Loan Status Date
05/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
241700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
88765
Servicing Lender Name
1st United Bank
Servicing Lender Address
430 NW Fourth St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55021-5031
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RICE
Project State
Project Zip
CD
MN-01
Jobs Reported
16
NAICS Code
484110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
244210.99
Forgiveness Date
04/26/2021