PPP Loan information for Mad automotive

$39,617

Mad automotive was initially approved for PPP Loan of amount $39,617, the current approved amount is $39,617. The loan was approved on 04/07/2020 by The Kensington Bank reported 5 jobs and $39,617 was used to fund payroll.

Mad automotive is Existing or more than 2 years old

PPP Loan Search / MN / WILLMAR / Mad automotive

MAD AUTOMOTIVE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAD AUTOMOTIVE

Borrower Address

3983 45th St. SW

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-3571

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39617.00

Current Approval Amount

39617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38282

Servicing Lender Name

Kensington Bank

Servicing Lender Address

11 N Central Ave

Servicing Lender City

KENSINGTON

Servicing Lender State

MN

Servicing Lender Zip

56343-4400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-3571

CD

MN-07

Jobs Reported

5

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39617.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38282

Originating Lender

Kensington Bank

Originating Lender City

KENSINGTON

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39908.63

Forgiveness Date

01/08/2021

;