ALLEN MCDONALD (DE) - 2020 PPP Loan Borrower Profile (# 5474028502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN MCDONALD. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number
5474028502
SBA Office Code
0341
Processing Method
PPS
Curent Loan Amount
$20,832
Date Loan was Approved
Feb 27, 2021
Amount Forgiven
$20,933.59
Date Loan was Forgiven
Aug 27, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,831
Lender
Cross River Bank

Business Detail

Business Type
Sole Proprietorship
NAICS
812990
Borrower Location
Smyrna, DE
Project Location
Smyrna, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.