PPP Loan information for Madison foodservice, inc.

$104,800

Madison foodservice, inc. was initially approved for PPP Loan of amount $104,800, the current approved amount is $104,800. The loan was approved on 04/15/2020 by The Waterford Bank, National Association reported 31 jobs and $104,800 was used to fund payroll.

Madison foodservice, inc. is Existing or more than 2 years old

MADISON FOODSERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADISON FOODSERVICE, INC.

Borrower Address

23130 DEQUINDRE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091-1820

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104800.00

Current Approval Amount

104800.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-1820

CD

MI-10

Jobs Reported

31

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2278.00

Payroll Proceed

83828.00

Mortgage Interest Proceed

0.00

Rent Proceed

18694.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105612.20

Forgiveness Date

01/26/2021

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