PPP Loan information for Madison learning center incorporated

$72,500

Madison learning center incorporated was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 01/27/2021 by The Atlantic Union Bank reported 20 jobs and $72,500 was used to fund payroll.

Madison learning center incorporated is Existing or more than 2 years old

MADISON LEARNING CENTER INCORPORATED

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MADISON LEARNING CENTER INCORPORATED

Borrower Address

634 S. Main St 634 S. Main St

Borrower City

Madison

Borrower State

VA

Borrower Zip

22727

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

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

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

VA

Project Zip

22727

CD

VA-05

Jobs Reported

20

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

73075.97

Forgiveness Date

11/16/2021

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