PPP Loan information for Mader electric inc.

$328,979

Mader electric inc. was initially approved for PPP Loan of amount $328,979, the current approved amount is $328,979. The loan was approved on 01/17/2021 by The First Southern Bank reported 29 jobs and $328,979 was used to fund payroll.

Mader electric inc. is Existing or more than 2 years old

MADER ELECTRIC INC.

Date Approved

01/17/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MADER ELECTRIC INC.

Borrower Address

7260 15th St E

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34243-3276

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328979.15

Current Approval Amount

328979.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19624

Servicing Lender Name

First Southern Bank

Servicing Lender Address

930 Memorial Dr

Servicing Lender City

WAYCROSS

Servicing Lender State

GA

Servicing Lender Zip

31501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

MANATEE

Project State

FL

Project Zip

34243-3276

CD

FL-16

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

328977.15

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

Subchapter S Corporation

Originating Lender Location Id

19624

Originating Lender

First Southern Bank

Originating Lender City

WAYCROSS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330386.45

Forgiveness Date

06/29/2021

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