PPP Loan information for Madcomedia group, inc.

$41,000

Madcomedia group, inc. was initially approved for PPP Loan of amount $41,000, the current approved amount is $41,000. The loan was approved on 04/07/2020 by The Farmers and Merchants State Bank reported 11 jobs and $41,000 was used to fund payroll.

Madcomedia group, inc. is New Business or 2 years or less

MADCOMEDIA GROUP, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MADCOMEDIA GROUP, INC.

Borrower Address

113 S 1ST AVE

Borrower City

WINTERSET

Borrower State

IA

Borrower Zip

50273-1902

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

41000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25620

Servicing Lender Name

Farmers and Merchants State Bank

Servicing Lender Address

101 W Jefferson St

Servicing Lender City

WINTERSET

Servicing Lender State

IA

Servicing Lender Zip

50273-1546

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WINTERSET

Project County Name

MADISON

Project State

IA

Project Zip

50273-1902

CD

IA-03

Jobs Reported

11

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41000.00

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

25620

Originating Lender

Farmers and Merchants State Bank

Originating Lender City

WINTERSET

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31194.49

Forgiveness Date

11/27/2020

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