Date Approved
01/29/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
MADSEN CONCRETE LLC
Borrower Address
879 Sunrise Ct NW
Borrower City
Walker
Borrower State
MI
Borrower Zip
49534-3705
Loan Status Date
12/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
69852.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
464533
Servicing Lender Name
Grand River Bank
Servicing Lender Address
4471 Wilson Ave SW
Servicing Lender City
GRANDVILLE
Servicing Lender State
Servicing Lender Zip
49418-2366
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-02
Jobs Reported
7
NAICS Code
238110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
69851.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
70405.07
Forgiveness Date
11/26/2021