PPP Loan information for Union cab of madison cooperative

$686,975

Union cab of madison cooperative was initially approved for PPP Loan of amount $686,975, the current approved amount is $686,975. The loan was approved on 04/15/2020 by The Summit CU reported 180 jobs and $686,975 was used to fund payroll.

Union cab of madison cooperative is Existing or more than 2 years old

UNION CAB OF MADISON COOPERATIVE

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

UNION CAB OF MADISON COOPERATIVE

Borrower Address

2458 Pennsylvania Ave

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53704

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686975.00

Current Approval Amount

686975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53704-0001

CD

WI-02

Jobs Reported

180

NAICS Code

485310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

686975.00

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

Cooperative

Originating Lender Location Id

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

696347.97

Forgiveness Date

09/02/2021

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