PPP Loan information for Madchance corp.

$68,500

Madchance corp. was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 04/29/2020 by The Consumers CU reported 8 jobs and $68,500 was used to fund payroll.

Madchance corp. is Existing or more than 2 years old

MADCHANCE CORP.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADCHANCE CORP.

Borrower Address

412 HARRISON ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-3691

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99071

Servicing Lender Name

Consumers CU

Servicing Lender Address

7040 Stadium Dr

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49009-6272

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3691

CD

MI-04

Jobs Reported

8

NAICS Code

713990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68500.00

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

99071

Originating Lender

Consumers CU

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69048.00

Forgiveness Date

02/25/2021

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