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
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
Servicing Lender Zip
48933-1320
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHIAWASSEE
Project State
Project Zip
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
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
134275.79
Forgiveness Date
09/17/2021