PPP Loan information for David mcdonald development co inc

$88,700

David mcdonald development co inc was initially approved for PPP Loan of amount $88,700, the current approved amount is $88,700. The loan was approved on 04/09/2020 by The First Bank reported 11 jobs and $88,700 was used to fund payroll.

David mcdonald development co inc is Existing or more than 2 years old

DAVID MCDONALD DEVELOPMENT CO INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DAVID MCDONALD DEVELOPMENT CO INC

Borrower Address

4575 Hwy 49 N

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28025

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88700.00

Current Approval Amount

88700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-0001

CD

NC-08

Jobs Reported

11

NAICS Code

453910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88700.00

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

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89419.46

Forgiveness Date

02/03/2021

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