# PPP loan: MCGD INC
> **$164K** approved 03/17/2021 · Paid in Full · Loan `3862958600`
## Borrower
- **Name:** MCGD INC
- **Address:** 1717 Valley St, Minot, ND, 58701-4993
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $164K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*