PPP Loan information for Mad auto sales and svc inc

$5,200

Mad auto sales and svc inc was initially approved for PPP Loan of amount $5,200, the current approved amount is $5,200. The loan was approved on 05/20/2020 by The Herring Bank reported 1 jobs and $5,200 was used to fund payroll.

Mad auto sales and svc inc is Existing or more than 2 years old

MAD AUTO SALES AND SVC INC

Date Approved

05/20/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MAD AUTO SALES AND SVC INC

Borrower Address

1310 W BROADWAY ST

Borrower City

ALTUS

Borrower State

OK

Borrower Zip

73521-4100

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5200.00

Current Approval Amount

5200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72057

Servicing Lender Name

Herring Bank

Servicing Lender Address

2201 Civic Cir, 9th Fl

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79109-1848

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALTUS

Project County Name

JACKSON

Project State

OK

Project Zip

73521-4100

CD

OK-03

Jobs Reported

1

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5200.00

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

72057

Originating Lender

Herring Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5233.51

Forgiveness Date

01/14/2021

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