PPP Loan information for Maddens lounge inc

$189,000

Maddens lounge inc was initially approved for PPP Loan of amount $189,000, the current approved amount is $189,000. The loan was approved on 01/28/2021 by The ELGA CU reported 12 jobs and $189,000 was used to fund payroll.

Maddens lounge inc is Existing or more than 2 years old

MADDENS LOUNGE INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MADDENS LOUNGE INC

Borrower Address

809 N State Rd

Borrower City

Davison

Borrower State

MI

Borrower Zip

48423-1131

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189000.00

Current Approval Amount

189000.00

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

12

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

188997.00

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

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190401.75

Forgiveness Date

10/27/2021

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