PPP Loan information for Madison academy

$1,042,080

Madison academy was initially approved for PPP Loan of amount $1,042,080, the current approved amount is $1,042,080. The loan was approved on 04/11/2020 by The SouthState Bank, National Association reported 125 jobs and $1,042,080 was used to fund payroll.

Madison academy is Existing or more than 2 years old

MADISON ACADEMY

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MADISON ACADEMY

Borrower Address

325 Slaughter Road

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35758-2007

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1042080.00

Current Approval Amount

1042080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35758-2007

CD

AL-05

Jobs Reported

125

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1042080.00

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

Non-Profit Organization

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1052674.48

Forgiveness Date

04/27/2021

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