PPP Loan information for Madison potential development inc

$107,002

Madison potential development inc was initially approved for PPP Loan of amount $107,002, the current approved amount is $107,002. The loan was approved on 05/08/2020 by The Dime Community Bank reported 16 jobs and $107,002 was used to fund payroll.

Madison potential development inc is Existing or more than 2 years old

MADISON POTENTIAL DEVELOPMENT INC

Date Approved

05/08/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MADISON POTENTIAL DEVELOPMENT INC

Borrower Address

132-18 41st Avenue,CF-1

Borrower City

Flushing

Borrower State

NY

Borrower Zip

11355

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107002.30

Current Approval Amount

107002.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46104

Servicing Lender Name

Dime Community Bank

Servicing Lender Address

2200 Montauk Hwy

Servicing Lender City

BRIDGEHAMPTON

Servicing Lender State

NY

Servicing Lender Zip

11932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Flushing

Project County Name

QUEENS

Project State

NY

Project Zip

11355-1000

CD

NY-06

Jobs Reported

16

NAICS Code

624410

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107002.30

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

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

108000.99

Forgiveness Date

04/29/2021

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