Date Approved
04/28/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MADSEN TRUCKING LLC
Borrower Address
5279 460TH ST
Borrower City
WEST BEND
Borrower State
IA
Borrower Zip
50597-8038
Loan Status Date
11/11/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
13136.87
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25576
Servicing Lender Name
West Iowa Bank
Servicing Lender Address
319 S Broadway Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
50597
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PALO ALTO
Project State
Project Zip
CD
IA-04
Jobs Reported
2
NAICS Code
111199
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
10509.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
2627.37
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
13195.62
Forgiveness Date
10/13/2020