Mcdonald Acquisition, LLC
$705,423 PPP Loan in Byron Center, Michigan
Loan Details
- Loan Number
- 6195467010
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $705,423
- Current Approval
- $705,423
- Forgiveness Amount
- $709,906
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcdonald Acquisition, LLC
- Address
- 8074 Clyde Park Ave SW
- City
- Byron Center
- State
- Michigan
- ZIP Code
- 49315-9332
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (333514)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 47
- Estimated Revenue
- $12.3M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $539,923
- Rent
- $78,000
- Utilities
- $12,500
- Health Care
- $20,000
- Debt Interest
- $55,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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