PPP Loan information for Madre loca, inc

$14,450

Madre loca, inc was initially approved for PPP Loan of amount $14,450, the current approved amount is $14,450. The loan was approved on 04/10/2020 by The Drake Bank reported 7 jobs and $14,450 was used to fund payroll.

Madre loca, inc is Existing or more than 2 years old

PPP Loan Search / MN / CAMBRIDGE / Madre loca, inc

MADRE LOCA, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MADRE LOCA, INC

Borrower Address

33340 COBALT CIRCLE NW

Borrower City

CAMBRIDGE

Borrower State

MN

Borrower Zip

55008-7442

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14450.00

Current Approval Amount

14450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

ISANTI

Project State

MN

Project Zip

55008-7442

CD

MN-08

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1979.00

Payroll Proceed

11900.00

Mortgage Interest Proceed

571.00

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

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

14556.37

Forgiveness Date

01/07/2021

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