PPP Loan information for Madison construction company

$989,910

Madison construction company was initially approved for PPP Loan of amount $989,910, the current approved amount is $989,910. The loan was approved on 04/07/2020 by The First Merchants Bank reported 38 jobs and $989,910 was used to fund payroll.

Madison construction company is Existing or more than 2 years old

MADISON CONSTRUCTION COMPANY

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MADISON CONSTRUCTION COMPANY

Borrower Address

15657 S 70TH CT

Borrower City

ORLAND PARK

Borrower State

IL

Borrower Zip

60462-5107

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

989910.00

Current Approval Amount

989910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORLAND PARK

Project County Name

COOK

Project State

IL

Project Zip

60462-5107

CD

IL-06

Jobs Reported

38

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

989910.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1001327.87

Forgiveness Date

06/11/2021

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