# PPP loan: MCDONALD TRUCKING, INC.
> **$260K** approved 04/14/2020 · Paid in Full · Loan `6548057110`
## Borrower
- **Name:** MCDONALD TRUCKING, INC.
- **Address:** 1720 E Pickard St, MOUNT PLEASANT, MI, 48858-9693
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Health care:** $40K
- **Debt interest:** $2K
- **Jobs reported:** 22
## Lender
- **Originating:** Isabella Bank
- **Servicing:** Isabella Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*