PPP Loan information for Mde corporation

$401,500

Mde corporation was initially approved for PPP Loan of amount $420,400, the current approved amount is $401,500. The loan was approved on 04/27/2020 by The First State Bank reported 25 jobs and $401,500 was used to fund payroll.

Mde corporation is Existing or more than 2 years old

MDE CORPORATION

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MDE CORPORATION

Borrower Address

11965 BROOKFIELD ST

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-1736

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420400.00

Current Approval Amount

401500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1736

CD

MI-12

Jobs Reported

25

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401500.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

228860.68

Forgiveness Date

06/17/2021

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