PPP Loan information for Madreseh, llc

$54,300

Madreseh, llc was initially approved for PPP Loan of amount $54,300, the current approved amount is $54,300. The loan was approved on 05/20/2020 by The Mechanics & Farmers Bank reported 10 jobs and $54,300 was used to fund payroll.

Madreseh, llc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Madreseh, llc

MADRESEH, LLC

Date Approved

05/20/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MADRESEH, LLC

Borrower Address

1101 W Main St. Suite A

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27701-2028

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54300.00

Current Approval Amount

54300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27701-2028

CD

NC-04

Jobs Reported

10

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54300.00

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

Non-Profit Organization

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54744.81

Forgiveness Date

03/18/2021

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