PPP Loan information for Madison motors llc

$333,400

Madison motors llc was initially approved for PPP Loan of amount $333,600, the current approved amount is $333,400. The loan was approved on 04/14/2020 by The Atlantic Union Bank reported 32 jobs and $333,400 was used to fund payroll.

Madison motors llc is Existing or more than 2 years old

MADISON MOTORS LLC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MADISON MOTORS LLC

Borrower Address

2895 S SEMINOLE TRL

Borrower City

MADISON

Borrower State

VA

Borrower Zip

22727-2508

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333600.00

Current Approval Amount

333400.00

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

22727-2508

CD

VA-07

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

333400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336567.30

Forgiveness Date

04/06/2021

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