PPP Loan information for Madison manufacturing inc.

$150,300

Madison manufacturing inc. was initially approved for PPP Loan of amount $150,300, the current approved amount is $150,300. The loan was approved on 04/10/2020 by The 1st Source Bank reported 21 jobs and $150,300 was used to fund payroll.

Madison manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / IN / BREMEN / Madison manufacturing inc.

MADISON MANUFACTURING INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MADISON MANUFACTURING INC.

Borrower Address

66990 State Road 331

Borrower City

BREMEN

Borrower State

IN

Borrower Zip

46506

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150300.00

Current Approval Amount

150300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREMEN

Project County Name

MARSHALL

Project State

IN

Project Zip

46506-0001

CD

IN-02

Jobs Reported

21

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150300.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151147.53

Forgiveness Date

11/03/2020

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