PPP Loan information for Madsen inc.

$925,155

Madsen inc. was initially approved for PPP Loan of amount $925,155, the current approved amount is $925,155. The loan was approved on 02/14/2021 by The Loan Source Incorporated reported 66 jobs and $925,155 was used to fund payroll.

Madsen inc. is Existing or more than 2 years old

MADSEN INC.

Date Approved

02/14/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MADSEN INC.

Borrower Address

2901 Springfield Rd

Borrower City

Broomall

Borrower State

PA

Borrower Zip

19008-1308

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

925155.00

Current Approval Amount

925155.00

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

Broomall

Project County Name

DELAWARE

Project State

PA

Project Zip

19008-1308

CD

PA-05

Jobs Reported

66

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

925151.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

931390.29

Forgiveness Date

10/27/2021

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