PPP Loan information for The macdonald broadcasting company

$419,800

The macdonald broadcasting company was initially approved for PPP Loan of amount $419,800, the current approved amount is $419,800. The loan was approved on 04/09/2020 by The Independent Bank reported 41 jobs and $419,800 was used to fund payroll.

The macdonald broadcasting company is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / The macdonald broadcasting company

THE MACDONALD BROADCASTING COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE MACDONALD BROADCASTING COMPANY

Borrower Address

2000 Whittier Street

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48601-2271

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419800.00

Current Approval Amount

419800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-2271

CD

MI-08

Jobs Reported

41

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44000.00

Payroll Proceed

356800.00

Mortgage Interest Proceed

17000.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

423261.91

Forgiveness Date

02/09/2021

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