Madison Motor Werks, LLC

$77,800 PPP Loan in Madison, Mississippi

Loan Details

Loan Number
4844797006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$77,800
Current Approval
$77,800
Forgiveness Amount
$78,297
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Madison Motor Werks, LLC
Address
176 American Way
ZIP Code
39110-7968
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MS-03

Loan Use Breakdown

Payroll
$66,800
Rent
$6,600
Utilities
$2,000
Debt Interest
$2,400

Lender Information

Servicing Lender
Riverhills Bank
Originating Lender
Riverhills Bank

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