PPP Loan information for Madone, inc.

$825,500

Madone, inc. was initially approved for PPP Loan of amount $825,500, the current approved amount is $825,500. The loan was approved on 04/10/2020 by The Northeast Bank reported 128 jobs and $825,500 was used to fund payroll.

Madone, inc. is Existing or more than 2 years old

MADONE, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MADONE, INC.

Borrower Address

1185 N CONCORD ST STE 430

Borrower City

SOUTH SAINT PAUL

Borrower State

MN

Borrower Zip

55075-1170

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

825500.00

Current Approval Amount

825500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH SAINT PAUL

Project County Name

DAKOTA

Project State

MN

Project Zip

55075-1170

CD

MN-02

Jobs Reported

128

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

825500.00

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

Subchapter S Corporation

Originating Lender Location Id

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

834026.40

Forgiveness Date

04/29/2021

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