# PPP loan: MACDONALD COMPANIES, INC.
> **$236K** approved 04/07/2020 · Paid in Full · Loan `7540467006`
## Borrower
- **Name:** MACDONALD COMPANIES, INC.
- **Address:** 1515 Knapp Road, Kerrville, TX, 78028-4941
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Mortgage interest:** $1
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*