PPP Loan information for Madsen, inc.

$1,035,830

Madsen, inc. was initially approved for PPP Loan of amount $1,035,830, the current approved amount is $1,035,830. The loan was approved on 04/13/2020 by The Wilmington Savings Fund Society, FSB reported 60 jobs and $1,035,830 was used to fund payroll.

Madsen, inc. is Existing or more than 2 years old

PPP Loan Search / PA / BROOMALL / Madsen, inc.

MADSEN, INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MADSEN, INC.

Borrower Address

2901 SPRINGFIELD RD

Borrower City

BROOMALL

Borrower State

PA

Borrower Zip

19008-1308

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1035830.00

Current Approval Amount

1035830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOMALL

Project County Name

DELAWARE

Project State

PA

Project Zip

19008-1308

CD

PA-05

Jobs Reported

60

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4776.00

Payroll Proceed

936338.00

Mortgage Interest Proceed

0.00

Rent Proceed

18462.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76254.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1042158.50

Forgiveness Date

12/03/2020

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