PPP Loan information for Mad industries inc

$169,500

Mad industries inc was initially approved for PPP Loan of amount $169,500, the current approved amount is $169,500. The loan was approved on 02/23/2021 by The United Community Bank reported 10 jobs and $169,500 was used to fund payroll.

Mad industries inc is Existing or more than 2 years old

MAD INDUSTRIES INC

Date Approved

02/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MAD INDUSTRIES INC

Borrower Address

1490 Veterans Memorial Hwy SE

Borrower City

Mableton

Borrower State

GA

Borrower Zip

30126-2857

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

169500.00

Current Approval Amount

169500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mableton

Project County Name

COBB

Project State

GA

Project Zip

30126-2857

CD

GA-13

Jobs Reported

10

NAICS Code

562212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

169499.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

170252.30

Forgiveness Date

08/11/2021

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