PPP Loan information for Madem-moorecraft reels usa, inc.

$428,295

Madem-moorecraft reels usa, inc. was initially approved for PPP Loan of amount $428,295, the current approved amount is $428,295. The loan was approved on 04/27/2020 by The Providence Bank reported 66 jobs and $428,295 was used to fund payroll.

Madem-moorecraft reels usa, inc. is Existing or more than 2 years old

MADEM-MOORECRAFT REELS USA, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MADEM-MOORECRAFT REELS USA, INC.

Borrower Address

3006 Anaconda Road

Borrower City

Tarboro

Borrower State

NC

Borrower Zip

27886-8836

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

428295.00

Current Approval Amount

428295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438379

Servicing Lender Name

Providence Bank

Servicing Lender Address

450 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tarboro

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27886-8836

CD

NC-01

Jobs Reported

66

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

428295.00

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

438379

Originating Lender

Providence Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

431780.03

Forgiveness Date

02/26/2021

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