# PPP loan: MCDONALD INDUSTRIES, INC.
> **$332K** approved 04/28/2020 · Paid in Full · Loan `6729807207`
## Borrower
- **Name:** MCDONALD INDUSTRIES, INC.
- **Address:** 451 Fortson St., Shreveport, LA, 71107
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $312K (94%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 17
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*