PPP Loan information for New mad corporation

$277,620

New mad corporation was initially approved for PPP Loan of amount $277,620, the current approved amount is $277,620. The loan was approved on 03/20/2021 by The Citizens Bank, National Association reported 42 jobs and $277,620 was used to fund payroll.

New mad corporation is Existing or more than 2 years old

NEW MAD CORPORATION

Date Approved

03/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEW MAD CORPORATION

Borrower Address

561 McCarter Hwy

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-3420

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277620.00

Current Approval Amount

277620.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-3420

CD

NJ-08

Jobs Reported

42

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

277619.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279491.08

Forgiveness Date

12/15/2021

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