PPP Loan information for Madni inc

$12,700

Madni inc was initially approved for PPP Loan of amount $12,700, the current approved amount is $12,700. The loan was approved on 02/25/2021 by The Sandy Spring Bank reported 4 jobs and $12,700 was used to fund payroll.

Madni inc is Existing or more than 2 years old

MADNI INC

Date Approved

02/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MADNI INC

Borrower Address

3030 Saint Charles Pkwy

Borrower City

Waldorf

Borrower State

MD

Borrower Zip

20602-2400

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12700.00

Current Approval Amount

12700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waldorf

Project County Name

CHARLES

Project State

MD

Project Zip

20602-2400

CD

MD-05

Jobs Reported

4

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

12694.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12782.81

Forgiveness Date

10/27/2021

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