PPP Loan information for Madisound speaker components inc

$131,300

Madisound speaker components inc was initially approved for PPP Loan of amount $131,300, the current approved amount is $131,300. The loan was approved on 04/07/2020 by The The Park Bank reported 7 jobs and $131,300 was used to fund payroll.

Madisound speaker components inc is Existing or more than 2 years old

MADISOUND SPEAKER COMPONENTS INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MADISOUND SPEAKER COMPONENTS INC

Borrower Address

8608 UNIVERSITY GRN STE 10

Borrower City

MIDDLETON

Borrower State

WI

Borrower Zip

53562-2510

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131300.00

Current Approval Amount

131300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76153

Servicing Lender Name

The Park Bank

Servicing Lender Address

1815 Greenway Cross

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53713-3010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

DANE

Project State

WI

Project Zip

53562-2510

CD

WI-02

Jobs Reported

7

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131300.00

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

76153

Originating Lender

The Park Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132354.00

Forgiveness Date

02/04/2021

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