PPP Loan information for Madison drug company, inc.

$78,092

Madison drug company, inc. was initially approved for PPP Loan of amount $78,092, the current approved amount is $78,092. The loan was approved on 04/14/2020 by The Atlantic Union Bank reported 16 jobs and $78,092 was used to fund payroll.

Madison drug company, inc. is New Business or 2 years or less

MADISON DRUG COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MADISON DRUG COMPANY, INC.

Borrower Address

114 N Main St

Borrower City

Madison

Borrower State

VA

Borrower Zip

22727

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78092.00

Current Approval Amount

78092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Madison

Project County Name

MADISON

Project State

VA

Project Zip

22727-0001

CD

VA-07

Jobs Reported

16

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78092.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78838.21

Forgiveness Date

04/08/2021

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