PPP Loan information for Madmac inc

$48,400

Madmac inc was initially approved for PPP Loan of amount $48,400, the current approved amount is $48,400. The loan was approved on 02/06/2021 by The Gorham Savings Bank reported 4 jobs and $48,400 was used to fund payroll.

Madmac inc is Existing or more than 2 years old

MADMAC INC

Date Approved

02/06/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MADMAC INC

Borrower Address

390 US Route 1 Unit 13

Borrower City

Falmouth

Borrower State

ME

Borrower Zip

04105-1395

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48400.00

Current Approval Amount

48400.00

Undisbursed Amount

0.00

Franchise Name

Mr. Handyman

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Falmouth

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04105-1395

CD

ME-01

Jobs Reported

4

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48400.00

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

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48748.21

Forgiveness Date

11/01/2021

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