PPP Loan information for Madspen, inc.

$95,300

Madspen, inc. was initially approved for PPP Loan of amount $95,300, the current approved amount is $95,300. The loan was approved on 04/08/2020 by The Capitol National Bank reported 21 jobs and $95,300 was used to fund payroll.

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

MADSPEN, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADSPEN, INC.

Borrower Address

710 N MAIN

Borrower City

PERRY

Borrower State

MI

Borrower Zip

48872-9776

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95300.00

Current Approval Amount

95300.00

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

21

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95300.00

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

96197.41

Forgiveness Date

03/24/2021

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