PPP Loan information for Madspen, inc.

$133,416

Madspen, inc. was initially approved for PPP Loan of amount $133,416, the current approved amount is $133,416. The loan was approved on 01/19/2021 by The Capitol National Bank reported 20 jobs and $133,416 was used to fund payroll.

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

MADSPEN, INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MADSPEN, INC.

Borrower Address

710 N Main

Borrower City

Perry

Borrower State

MI

Borrower Zip

48872-9776

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

133416.00

Current Approval Amount

133416.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perry

Project County Name

SHIAWASSEE

Project State

MI

Project Zip

48872-9776

CD

MI-07

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

133411.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134275.79

Forgiveness Date

09/17/2021

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