# PPP loan: W. E. MCDONALD & SON L.L.C.
> **$503K** approved 01/29/2021 · Paid in Full · Loan `8701688310`
## Borrower
- **Name:** W. E. MCDONALD & SON L.L.C.
- **Address:** 12334 HIGHWAY 165, GLENMORA, LA, 71433
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $503K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*