PPP Loan information for Madcon corporation

$483,368

Madcon corporation was initially approved for PPP Loan of amount $483,368, the current approved amount is $483,368. The loan was approved on 01/28/2021 by The Plains State Bank reported 21 jobs and $483,368 was used to fund payroll.

Madcon corporation is Existing or more than 2 years old

MADCON CORPORATION

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MADCON CORPORATION

Borrower Address

63374 Old Military Rd

Borrower City

Pearl River

Borrower State

LA

Borrower Zip

70452-6306

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

483368.00

Current Approval Amount

483368.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71611

Servicing Lender Name

Plains State Bank

Servicing Lender Address

19404 Kenswick Dr

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-8147

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pearl River

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70452-6306

CD

LA-01

Jobs Reported

21

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

483363.00

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

Corporation

Originating Lender Location Id

71611

Originating Lender

Plains State Bank

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

485870.92

Forgiveness Date

08/09/2021

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