PPP Loan information for Madden's lounge

$133,200

Madden's lounge was initially approved for PPP Loan of amount $133,200, the current approved amount is $133,200. The loan was approved on 04/27/2020 by The ELGA CU reported 21 jobs and $133,200 was used to fund payroll.

Madden's lounge is Existing or more than 2 years old

PPP Loan Search / MI / Davison / Madden's lounge

MADDEN'S LOUNGE

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADDEN'S LOUNGE

Borrower Address

809 N State Rd

Borrower City

Davison

Borrower State

MI

Borrower Zip

48423-1131

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133200.00

Current Approval Amount

133200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davison

Project County Name

GENESEE

Project State

MI

Project Zip

48423-1131

CD

MI-08

Jobs Reported

21

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3320.00

Payroll Proceed

119880.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134580.10

Forgiveness Date

05/13/2021

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