PPP Loan information for Madonna terrace llc

$347,217

Madonna terrace llc was initially approved for PPP Loan of amount $347,217, the current approved amount is $347,217. The loan was approved on 05/18/2021 by The Community Federal Savings Bank reported 20 jobs and $347,217 was used to fund payroll.

Madonna terrace llc is Existing or more than 2 years old

MADONNA TERRACE LLC

Date Approved

05/18/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MADONNA TERRACE LLC

Borrower Address

13305 Burkhart St

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20904-3228

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

347217.15

Current Approval Amount

347217.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-3228

CD

MD-08

Jobs Reported

20

NAICS Code

623312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

347212.15

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

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93265.74

Forgiveness Date

02/14/2023

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