PPP Loan information for Madwell llc

$2,000,000

Madwell llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Bank of America, National Association reported 125 jobs and $2,000,000 was used to fund payroll.

Madwell llc is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Madwell llc

MADWELL LLC

Date Approved

01/28/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

MADWELL LLC

Borrower Address

65 Porter Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11237-1415

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11237-1415

CD

NY-07

Jobs Reported

125

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1942974.23

Forgiveness Date

04/19/2022

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