PPP Loan information for Madison potential development inc

$107,000

Madison potential development inc was initially approved for PPP Loan of amount $107,000, the current approved amount is $107,000. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 13 jobs and $107,000 was used to fund payroll.

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

PPP Loan Search / NY / Flushing / Madison potential development inc

MADISON POTENTIAL DEVELOPMENT INC

Date Approved

02/10/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

MADISON POTENTIAL DEVELOPMENT INC

Borrower Address

13218 41st Ave Apt CF1

Borrower City

Flushing

Borrower State

NY

Borrower Zip

11355-4375

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107000.00

Current Approval Amount

107000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

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

11355-4375

CD

NY-06

Jobs Reported

13

NAICS Code

611110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106998.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107926.36

Forgiveness Date

01/03/2022

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