PPP borrower record

MADISON ELECTRIC, INC. PPP loan record

Public SBA PPP loan record for MADISON ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$156,400
Approved amount
$157,812
Forgiven amount
2020-06-29
Date approved

Borrower and loan details

Borrower
MADISON ELECTRIC, INC.
Loan number
5999158008
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Santa Rosa
Borrower state
California
Borrower ZIP
95406
Jobs reported
9
Loan status
Exemption 4
Forgiveness date
2021-06-04
Servicing lender
Summit State Bank
Originating lender
Summit State Bank

Reported use of proceeds

Payroll
$117,300
Rent
$29,325
Utilities
$9,775
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.