PPP Loan information for Madison petroleum inc

$24,578

Madison petroleum inc was initially approved for PPP Loan of amount $24,578, the current approved amount is $24,578. The loan was approved on 04/27/2020 by The Bank of Ann Arbor reported 7 jobs and $24,578 was used to fund payroll.

Madison petroleum inc is New Business or 2 years or less

PPP Loan Search / MI / Birmingham / Madison petroleum inc

MADISON PETROLEUM INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADISON PETROLEUM INC

Borrower Address

600 N Old Woodward Ste 100

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-3835

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24578.00

Current Approval Amount

24578.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-3835

CD

MI-11

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24578.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24786.07

Forgiveness Date

03/11/2021

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