PPP Loan information for Madrid inc

$36,207

Madrid inc was initially approved for PPP Loan of amount $36,207, the current approved amount is $36,207. The loan was approved on 03/02/2021 by The Bank Michigan reported 12 jobs and $36,207 was used to fund payroll.

Madrid inc is Existing or more than 2 years old

PPP Loan Search / MI / Ypsilanti / Madrid inc

MADRID INC

Date Approved

03/02/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADRID INC

Borrower Address

309 E Michigan Ave

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48198-5619

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36207.00

Current Approval Amount

36207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48198-5619

CD

MI-06

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

36205.00

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

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36484.75

Forgiveness Date

12/08/2021

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