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
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
Servicing Lender Zip
92806
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOS ANGELES
Project State
Project Zip
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
Rent Proceed
25000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
287631.48
Forgiveness Date
04/30/2021