PPP Loan information for Madison motor sales inc

$70,000

Madison motor sales inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 04/15/2020 by The The Huntington National Bank reported 5 jobs and $70,000 was used to fund payroll.

Madison motor sales inc is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Madison motor sales inc

MADISON MOTOR SALES INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADISON MOTOR SALES INC

Borrower Address

26815 John R Rd

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-0001

CD

MI-11

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70746.03

Forgiveness Date

05/19/2021

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