C. MCDONALD TRUCKING (ME) - 2020 PPP Loan Borrower Profile (# 7029427204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to C. MCDONALD TRUCKING. 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 Maine.

Loan Detail

Loan Number

7029427204

SBA Office Code

0172

Processing Method

PPP

Curent Loan Amount

$21,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$21,649.9

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,375

Payroll Proced

16,125

Lender

Katahdin Trust Co.

Business Detail

Business Type

Sole Proprietorship

NAICS

484110

Borrower Location

SHERMAN, ME

Project Location

SHERMAN, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.