PPP Loan information for Madison chemical co. inc.

$1,263,473

Madison chemical co. inc. was initially approved for PPP Loan of amount $1,318,500, the current approved amount is $1,263,473. The loan was approved on 04/07/2020 by The German American Bank reported 73 jobs and $1,263,473 was used to fund payroll.

Madison chemical co. inc. is Existing or more than 2 years old

MADISON CHEMICAL CO. INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MADISON CHEMICAL CO. INC.

Borrower Address

3141 CLIFTY DR

Borrower City

MADISON

Borrower State

IN

Borrower Zip

47250-1661

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1318500.00

Current Approval Amount

1263473.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

JEFFERSON

Project State

IN

Project Zip

47250-1661

CD

IN-09

Jobs Reported

73

NAICS Code

424610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1263473.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1279880.84

Forgiveness Date

08/05/2021

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