PPP Loan information for Madrid automotive inc

$16,400

Madrid automotive inc was initially approved for PPP Loan of amount $16,400, the current approved amount is $16,400. The loan was approved on 04/09/2020 by The City State Bank reported 2 jobs and $16,400 was used to fund payroll.

Madrid automotive inc is Existing or more than 2 years old

PPP Loan Search / IA / MADRID / Madrid automotive inc

MADRID AUTOMOTIVE INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MADRID AUTOMOTIVE INC

Borrower Address

317 ANNEX RD

Borrower City

MADRID

Borrower State

IA

Borrower Zip

50156-1469

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16400.00

Current Approval Amount

16400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25318

Servicing Lender Name

City State Bank

Servicing Lender Address

801 Main St

Servicing Lender City

NORWALK

Servicing Lender State

IA

Servicing Lender Zip

50211-1322

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADRID

Project County Name

BOONE

Project State

IA

Project Zip

50156-1469

CD

IA-04

Jobs Reported

2

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16400.00

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

25318

Originating Lender

City State Bank

Originating Lender City

NORWALK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16563.10

Forgiveness Date

04/15/2021

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