PPP Loan information for Mader news inc.

$266,082

Mader news inc. was initially approved for PPP Loan of amount $266,082, the current approved amount is $266,082. The loan was approved on 02/05/2021 by The American Business Bank reported 26 jobs and $266,082 was used to fund payroll.

Mader news inc. is Existing or more than 2 years old

MADER NEWS INC.

Date Approved

02/05/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MADER NEWS INC.

Borrower Address

913 Ruberta Ave

Borrower City

Glendale

Borrower State

CA

Borrower Zip

91201-2346

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

266082.15

Current Approval Amount

266082.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91201-2346

CD

CA-30

Jobs Reported

26

NAICS Code

424920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

266080.15

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

269595.89

Forgiveness Date

06/07/2022

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