PPP Loan information for Madison construction company

$2,000,000

Madison construction company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/18/2021 by The Loan Source Incorporated reported 118 jobs and $2,000,000 was used to fund payroll.

Madison construction company is Existing or more than 2 years old

PPP Loan Search / PA / Malvern / Madison construction company

MADISON CONSTRUCTION COMPANY

Date Approved

05/18/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MADISON CONSTRUCTION COMPANY

Borrower Address

130 Quaker Ln

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355-2479

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-2479

CD

PA-06

Jobs Reported

118

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2013917.81

Forgiveness Date

02/07/2022

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