PPP Loan information for Madsen inc.

$129,091

Madsen inc. was initially approved for PPP Loan of amount $129,091, the current approved amount is $129,091. The loan was approved on 04/10/2020 by The The State Bank of Toledo reported 12 jobs and $129,091 was used to fund payroll.

Madsen inc. is Existing or more than 2 years old

PPP Loan Search / IA / Toledo / Madsen inc.

MADSEN INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MADSEN INC.

Borrower Address

108 2nd Ave West

Borrower City

Toledo

Borrower State

IA

Borrower Zip

52342

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129091.00

Current Approval Amount

129091.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25538

Servicing Lender Name

The State Bank of Toledo

Servicing Lender Address

100 E High St

Servicing Lender City

TOLEDO

Servicing Lender State

IA

Servicing Lender Zip

52342-1510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

TAMA

Project State

IA

Project Zip

52342-0001

CD

IA-02

Jobs Reported

12

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129091.00

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

25538

Originating Lender

The State Bank of Toledo

Originating Lender City

TOLEDO

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

129876.30

Forgiveness Date

11/27/2020

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