PPP Loan information for Madison motor werks, llc

$77,800

Madison motor werks, llc was initially approved for PPP Loan of amount $77,800, the current approved amount is $77,800. The loan was approved on 04/04/2020 by The RiverHills Bank reported 5 jobs and $77,800 was used to fund payroll.

Madison motor werks, llc is Existing or more than 2 years old

PPP Loan Search / MS / MADISON / Madison motor werks, llc

MADISON MOTOR WERKS, LLC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MADISON MOTOR WERKS, LLC

Borrower Address

176 AMERICAN WAY

Borrower City

MADISON

Borrower State

MS

Borrower Zip

39110-7968

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77800.00

Current Approval Amount

77800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39691

Servicing Lender Name

RiverHills Bank

Servicing Lender Address

1400 Hwy 61 N

Servicing Lender City

VICKSBURG

Servicing Lender State

MS

Servicing Lender Zip

39183-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

MS

Project Zip

39110-7968

CD

MS-03

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

66800.00

Mortgage Interest Proceed

0.00

Rent Proceed

6600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2400

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39691

Originating Lender

RiverHills Bank

Originating Lender City

VICKSBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72246.76

Forgiveness Date

11/25/2020

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