PPP Loan information for Madison tires, inc.

$55,600

Madison tires, inc. was initially approved for PPP Loan of amount $55,600, the current approved amount is $55,600. The loan was approved on 04/03/2020 by The First Dakota National Bank reported 7 jobs and $55,600 was used to fund payroll.

Madison tires, inc. is Existing or more than 2 years old

PPP Loan Search / SD / MADISON / Madison tires, inc.

MADISON TIRES, INC.

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MADISON TIRES, INC.

Borrower Address

1731 NW 2ND ST

Borrower City

MADISON

Borrower State

SD

Borrower Zip

57042-3809

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55600.00

Current Approval Amount

55600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

LAKE

Project State

SD

Project Zip

57042-3809

CD

SD-

Jobs Reported

7

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6950.00

Payroll Proceed

41700.00

Mortgage Interest Proceed

0.00

Rent Proceed

6950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56012.81

Forgiveness Date

01/14/2021

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