PPP Loan information for Madison electric products, inc.

$357,000

Madison electric products, inc. was initially approved for PPP Loan of amount $357,000, the current approved amount is $357,000. The loan was approved on 04/12/2020 by The KeyBank National Association reported 35 jobs and $357,000 was used to fund payroll.

Madison electric products, inc. is Unanswered

PPP Loan Search / OH / SOLON / Madison electric products, inc.

MADISON ELECTRIC PRODUCTS, INC.

Date Approved

04/12/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MADISON ELECTRIC PRODUCTS, INC.

Borrower Address

30575 Bainbridge Road

Borrower City

SOLON

Borrower State

OH

Borrower Zip

44139-2200

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357000.00

Current Approval Amount

357000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SOLON

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44139-2200

CD

OH-07

Jobs Reported

35

NAICS Code

334416

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357000.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

358965.95

Forgiveness Date

11/05/2020

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