PPP Loan information for Mcdonald construction inc

$170,635

Mcdonald construction inc was initially approved for PPP Loan of amount $182,329, the current approved amount is $170,635. The loan was approved on 04/10/2020 by The Sterling State Bank reported 14 jobs and $170,635 was used to fund payroll.

Mcdonald construction inc is Existing or more than 2 years old

PPP Loan Search / MN / APPLE VALLEY / Mcdonald construction inc

MCDONALD CONSTRUCTION INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCDONALD CONSTRUCTION INC

Borrower Address

7601 145TH ST W

Borrower City

APPLE VALLEY

Borrower State

MN

Borrower Zip

55124-5511

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182329.00

Current Approval Amount

170634.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APPLE VALLEY

Project County Name

DAKOTA

Project State

MN

Project Zip

55124-5511

CD

MN-02

Jobs Reported

14

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170634.55

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

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

172212.92

Forgiveness Date

03/10/2021

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