PPP Loan information for Mad design group inc

$54,293

Mad design group inc was initially approved for PPP Loan of amount $54,293, the current approved amount is $54,293. The loan was approved on 04/30/2020 by The Bank of Ocean City reported 6 jobs and $54,293 was used to fund payroll.

Mad design group inc is New Business or 2 years or less

MAD DESIGN GROUP INC

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MAD DESIGN GROUP INC

Borrower Address

2 WIDOWS WATCH CT

Borrower City

BERLIN

Borrower State

MD

Borrower Zip

21811-1524

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54293.00

Current Approval Amount

54293.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BERLIN

Project County Name

WORCESTER

Project State

MD

Project Zip

21811-1524

CD

MD-01

Jobs Reported

6

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54293.00

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

Corporation

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55023.35

Forgiveness Date

09/15/2021

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