PPP Loan information for Madsens, inc.

$29,200

Madsens, inc. was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/07/2020 by The Audubon State Bank reported 8 jobs and $29,200 was used to fund payroll.

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

MADSENS, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MADSENS, INC.

Borrower Address

1844 Highway 71

Borrower City

AUDUBON

Borrower State

IA

Borrower Zip

50025-7556

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24572

Servicing Lender Name

Audubon State Bank

Servicing Lender Address

307 Broadway St

Servicing Lender City

Audubon

Servicing Lender State

IA

Servicing Lender Zip

50025-0149

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUDUBON

Project County Name

AUDUBON

Project State

IA

Project Zip

50025-7556

CD

IA-04

Jobs Reported

8

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29200.00

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

Corporation

Originating Lender Location Id

24572

Originating Lender

Audubon State Bank

Originating Lender City

Audubon

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29376.01

Forgiveness Date

11/19/2020

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