PPP Loan information for Mad inc.

$55,440

Mad inc. was initially approved for PPP Loan of amount $55,440, the current approved amount is $55,440. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 15 jobs and $55,440 was used to fund payroll.

Mad inc. is Existing or more than 2 years old

MAD INC.

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MAD INC.

Borrower Address

507 ROOSEVELT DR S

Borrower City

SEASIDE

Borrower State

OR

Borrower Zip

97138

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55440.00

Current Approval Amount

55440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEASIDE

Project County Name

CLATSOP

Project State

OR

Project Zip

97138-0001

CD

OR-01

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55440.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

55957.44

Forgiveness Date

04/13/2021

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