PPP Loan information for Macado's inc.

$2,000,000

Macado's inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/16/2021 by The Atlantic Union Bank reported 300 jobs and $2,000,000 was used to fund payroll.

Macado's inc. is Existing or more than 2 years old

PPP Loan Search / VA / ROANOKE / Macado's inc.

MACADO'S INC.

Date Approved

03/16/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MACADO'S INC.

Borrower Address

120 CHURCH AVE SUITE B 120 CHURCH AVE SUITE B

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24008

Loan Status Date

10/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24008

CD

VA-06

Jobs Reported

300

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2030666.67

Forgiveness Date

10/04/2022

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