PPP Loan information for Madigan's true value hardware

$52,619

Madigan's true value hardware was initially approved for PPP Loan of amount $52,619, the current approved amount is $52,619. The loan was approved on 04/14/2020 by The Central Savings Bank reported 6 jobs and $52,619 was used to fund payroll.

Madigan's true value hardware is Existing or more than 2 years old

PPP Loan Search / MI / MUNISING / Madigan's true value hardware

MADIGAN'S TRUE VALUE HARDWARE

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADIGAN'S TRUE VALUE HARDWARE

Borrower Address

202 ELM AVE

Borrower City

MUNISING

Borrower State

MI

Borrower Zip

49862-1108

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52619.00

Current Approval Amount

52619.00

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUNISING

Project County Name

ALGER

Project State

MI

Project Zip

49862-1108

CD

MI-01

Jobs Reported

6

NAICS Code

444130

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

12619.00

Payroll Proceed

40000.00

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

Subchapter S Corporation

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52955.18

Forgiveness Date

12/09/2020

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