PPP Loan information for Madlax, inc

$125,000

Madlax, inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/08/2020 by The Chain Bridge Bank, National Association reported 8 jobs and $125,000 was used to fund payroll.

Madlax, inc is Existing or more than 2 years old

MADLAX, INC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MADLAX, INC

Borrower Address

1345 Chain Bridge Road

Borrower City

McLean

Borrower State

VA

Borrower Zip

22101-3902

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449391

Servicing Lender Name

Chain Bridge Bank, National Association

Servicing Lender Address

1445-A Laughlin Ave

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22101-5709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McLean

Project County Name

FAIRFAX

Project State

VA

Project Zip

22101-3902

CD

VA-08

Jobs Reported

8

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

93750.00

Mortgage Interest Proceed

0.00

Rent Proceed

18750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

449391

Originating Lender

Chain Bridge Bank, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126600.69

Forgiveness Date

07/22/2021

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