PPP Loan information for Madden electric company, inc.

$150,000

Madden electric company, inc. was initially approved for PPP Loan of amount $135,000, the current approved amount is $150,000. The loan was approved on 04/05/2020 by The BankNewport reported 10 jobs and $150,000 was used to fund payroll.

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

PPP Loan Search / RI / LITTLE COMPTON / Madden electric company, inc.

MADDEN ELECTRIC COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MADDEN ELECTRIC COMPANY, INC.

Borrower Address

74 Burchard Avenue

Borrower City

LITTLE COMPTON

Borrower State

RI

Borrower Zip

02837-1601

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE COMPTON

Project County Name

NEWPORT

Project State

RI

Project Zip

02837-1601

CD

RI-01

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

151327.40

Forgiveness Date

03/08/2021

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