BARBARA MCDONALD (IA) - 2020 PPP Loan Borrower Profile (# 4160387403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARBARA 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 Iowa.

Loan Detail

Loan Number

4160387403

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$12,574.3

Date Loan was Approved

May 8, 2020

Amount Forgiven

$12,644.92

Date Loan was Forgiven

Dec 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,588

Payroll Proced

9,828.76

Mortgage Interest Proceed

1,138.04

Debt Interest Proceed

19.5

Lender

Corda Credit Union

Business Detail

Business Type

Sole Proprietorship

NAICS

524210

Borrower Location

CEDAR RAPIDS, IA

Project Location

Cedar Rapids, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.