Madonia Electric Inc.

$175,000 PPP Loan in Clinton, New York

Loan Details

Loan Number
9859487100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$175,000
Current Approval
$175,000
Forgiveness Amount
$176,280
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Madonia Electric Inc.
Address
6564 College Hill Road
ZIP Code
13323
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NY-22

Loan Use Breakdown

Payroll
$162,000
Rent
$5,000
Utilities
$1,000
Health Care
$7,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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