# PPP loan: MCDONALD YORK BUILDING COMPANY
> **$425K** approved 03/13/2021 · Paid in Full · Loan `1419688609`
## Borrower
- **Name:** MCDONALD YORK BUILDING COMPANY
- **Address:** 801 Oberlin Rd Ste 235, Raleigh, NC, 27605-3313
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $427K (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 55
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*