PPP Loan information for Madison residential development company

$269,729

Madison residential development company was initially approved for PPP Loan of amount $269,729, the current approved amount is $269,729. The loan was approved on 02/25/2021 by The John Marshall Bank reported 13 jobs and $269,729 was used to fund payroll.

Madison residential development company is Existing or more than 2 years old

MADISON RESIDENTIAL DEVELOPMENT COMPANY

Date Approved

02/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MADISON RESIDENTIAL DEVELOPMENT COMPANY

Borrower Address

1950 Old Gallows Rd Ste 200

Borrower City

Tysons

Borrower State

VA

Borrower Zip

22182-3989

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269728.75

Current Approval Amount

269728.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440839

Servicing Lender Name

John Marshall Bank

Servicing Lender Address

1943 Isaac Newton Sq, Ste 100

Servicing Lender City

RESTON

Servicing Lender State

VA

Servicing Lender Zip

20190-5013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tysons

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-3989

CD

VA-11

Jobs Reported

13

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

269727.75

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

440839

Originating Lender

John Marshall Bank

Originating Lender City

RESTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272137.83

Forgiveness Date

01/19/2022

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