PPP Loan information for Madison polymer additives, inc.

$162,480

Madison polymer additives, inc. was initially approved for PPP Loan of amount $162,480, the current approved amount is $162,480. The loan was approved on 04/12/2020 by The Cadence Bank reported 7 jobs and $162,480 was used to fund payroll.

Madison polymer additives, inc. is Existing or more than 2 years old

PPP Loan Search / MS / RIDGELAND / Madison polymer additives, inc.

MADISON POLYMER ADDITIVES, INC.

Date Approved

04/12/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MADISON POLYMER ADDITIVES, INC.

Borrower Address

302 HIGHLAND PARK CV

Borrower City

RIDGELAND

Borrower State

MS

Borrower Zip

39157-6058

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162480.00

Current Approval Amount

162480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGELAND

Project County Name

MADISON

Project State

MS

Project Zip

39157-6058

CD

MS-03

Jobs Reported

7

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

152480.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163964.89

Forgiveness Date

03/18/2021

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