Mcdowall Company

$2,674,500 PPP Loan in Waite Park, Minnesota

Loan Details

Loan Number
6990957003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,674,500
Current Approval
$2,000,000
Forgiveness Amount
$2,018,500
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcdowall Company
Address
1431 Prosper Dr.
ZIP Code
56387-1891
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$45.6M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,565,100
Rent
$267,450
Utilities
$167,450

Lender Information

Servicing Lender
Sentry Bank
Originating Lender
Sentry Bank

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