PPP Loan information for Madden brothers, inc.

$1,415,800

Madden brothers, inc. was initially approved for PPP Loan of amount $1,415,800, the current approved amount is $1,415,800. The loan was approved on 04/08/2020 by The Deerwood Bank reported 350 jobs and $1,415,800 was used to fund payroll.

Madden brothers, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BRAINERD / Madden brothers, inc.

MADDEN BROTHERS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MADDEN BROTHERS, INC.

Borrower Address

11266 PINE BEACH PENINSULA RD

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-2080

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1415800.00

Current Approval Amount

1415800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CASS

Project State

MN

Project Zip

56401-2080

CD

MN-08

Jobs Reported

350

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

94900.00

Payroll Proceed

1256425.00

Mortgage Interest Proceed

6200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58275.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1423626.23

Forgiveness Date

11/03/2020

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