PPP Loan information for Mader news, inc.

$284,830

Mader news, inc. was initially approved for PPP Loan of amount $284,830, the current approved amount is $284,830. The loan was approved on 04/28/2020 by The American Business Bank reported 30 jobs and $284,830 was used to fund payroll.

Mader news, inc. is Existing or more than 2 years old

MADER NEWS, INC.

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MADER NEWS, INC.

Borrower Address

913 RUBERTA AVE

Borrower City

GLENDALE

Borrower State

CA

Borrower Zip

91201-2346

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284830.00

Current Approval Amount

284830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91201-2346

CD

CA-30

Jobs Reported

30

NAICS Code

424920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3750.00

Payroll Proceed

256080.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

287631.48

Forgiveness Date

04/30/2021

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