PPP Loan information for Mcdonald insurance agency, inc.

$111,100

Mcdonald insurance agency, inc. was initially approved for PPP Loan of amount $111,100, the current approved amount is $111,100. The loan was approved on 04/06/2020 by The 1st Trust Bank, Inc. reported 13 jobs and $111,100 was used to fund payroll.

Mcdonald insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / KY / LONDON / Mcdonald insurance agency, inc.

MCDONALD INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MCDONALD INSURANCE AGENCY, INC.

Borrower Address

1407 West 5TH ST

Borrower City

LONDON

Borrower State

KY

Borrower Zip

40741-1616

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111100.00

Current Approval Amount

111100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426685

Servicing Lender Name

1st Trust Bank, Inc.

Servicing Lender Address

44 Commerce Dr

Servicing Lender City

HAZARD

Servicing Lender State

KY

Servicing Lender Zip

41701-8093

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONDON

Project County Name

LAUREL

Project State

KY

Project Zip

40741-1616

CD

KY-05

Jobs Reported

13

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

89000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10100.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

426685

Originating Lender

1st Trust Bank, Inc.

Originating Lender City

HAZARD

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111921.84

Forgiveness Date

01/06/2021

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