# PPP loan: MCDOUGLASS GROUP INC
> **$168K** approved 01/21/2021 · Charged Off · Loan `3188068307`
## Borrower
- **Name:** MCDOUGLASS GROUP INC
- **Address:** 4868 Sunrise Dr, Martinez, CA, 94553-4346
- **NAICS:** 811490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $140K (84%)
- **Forgiveness date:** 09/20/2022
- **Status:** Charged Off
- **Term:** 22 months
## Use of funds
- **Payroll:** $168K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** BAC Community Bank
- **Servicing:** BAC Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*