PPP Loan information for Madison industries inc

$1,609,900

Madison industries inc was initially approved for PPP Loan of amount $1,424,600, the current approved amount is $1,609,900. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 95 jobs and $1,609,900 was used to fund payroll.

Madison industries inc is Unanswered

PPP Loan Search / NJ / OLD BRIDGE / Madison industries inc

MADISON INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MADISON INDUSTRIES INC

Borrower Address

554 WATER WORKS RD

Borrower City

OLD BRIDGE

Borrower State

NJ

Borrower Zip

08857-1731

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1424600.00

Current Approval Amount

1609900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

OLD BRIDGE

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08857-1731

CD

NJ-12

Jobs Reported

95

NAICS Code

325180

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1609900.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1626490.91

Forgiveness Date

05/25/2021

;