PPP Loan information for Madias brothers, inc

$966,600

Madias brothers, inc was initially approved for PPP Loan of amount $966,600, the current approved amount is $966,600. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 75 jobs and $966,600 was used to fund payroll.

Madias brothers, inc is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Madias brothers, inc

MADIAS BROTHERS, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADIAS BROTHERS, INC

Borrower Address

12850 EVERGREEN RD

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48223-3439

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

966600.00

Current Approval Amount

966600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48223-3439

CD

MI-12

Jobs Reported

75

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

966600.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

984396.03

Forgiveness Date

02/22/2022

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