PPP Loan information for Mcdonald acres inc

$12,300

Mcdonald acres inc was initially approved for PPP Loan of amount $12,300, the current approved amount is $12,300. The loan was approved on 04/15/2020 by The Farmers & Merchants Savings Bank reported 2 jobs and $12,300 was used to fund payroll.

Mcdonald acres inc is Existing or more than 2 years old

MCDONALD ACRES INC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MCDONALD ACRES INC

Borrower Address

3117 200TH AVE

Borrower City

HOPKINTON

Borrower State

IA

Borrower Zip

52237-7667

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12300.00

Current Approval Amount

12300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINTON

Project County Name

DELAWARE

Project State

IA

Project Zip

52237-7667

CD

IA-02

Jobs Reported

2

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12300.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10350.93

Forgiveness Date

10/16/2020

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