PPP Loan information for Michael mcdonald

$20,833

Michael mcdonald was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/01/2021 by The Malvern Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael mcdonald is Existing or more than 2 years old

PPP Loan Search / IA / Emerson / Michael mcdonald

MICHAEL MCDONALD

Date Approved

05/01/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MICHAEL MCDONALD

Borrower Address

39671 Paddock Ave

Borrower City

Emerson

Borrower State

IA

Borrower Zip

51533-4111

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25210

Servicing Lender Name

Malvern Bank

Servicing Lender Address

404 Main St

Servicing Lender City

MALVERN

Servicing Lender State

IA

Servicing Lender Zip

51551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Emerson

Project County Name

MILLS

Project State

IA

Project Zip

51533-4111

CD

IA-04

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20828.00

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

Sole Proprietorship

Originating Lender Location Id

25210

Originating Lender

Malvern Bank

Originating Lender City

MALVERN

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20961.47

Forgiveness Date

12/14/2021

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