# PPP loan: MCDONALD INFORMATION SERVICE, INC.
> **$231K** approved 04/28/2020 · Paid in Full · Loan `7869957202`
## Borrower
- **Name:** MCDONALD INFORMATION SERVICE, INC.
- **Address:** 41 Vreeland Ave Suite 27, TOTOWA, NJ, 07512
- **NAICS:** 523930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 25
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*