PPP Loan information for Madco of richmond inc

$58,400

Madco of richmond inc was initially approved for PPP Loan of amount $58,400, the current approved amount is $58,400. The loan was approved on 04/06/2020 by The Central Bank & Trust Co. reported 32 jobs and $58,400 was used to fund payroll.

Madco of richmond inc is Existing or more than 2 years old

MADCO OF RICHMOND INC

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MADCO OF RICHMOND INC

Borrower Address

626 UNIVERSITY SHOPPING CTR

Borrower City

RICHMOND

Borrower State

KY

Borrower Zip

40475-2614

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58400.00

Current Approval Amount

58400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

MADISON

Project State

KY

Project Zip

40475-2614

CD

KY-06

Jobs Reported

32

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

53156.00

Mortgage Interest Proceed

0.00

Rent Proceed

3744.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58966.16

Forgiveness Date

04/01/2021

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