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Madsen Inc.

$129,091 PPP Loan in Toledo, Iowa

Loan Details

Loan Number
1419507104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$129,091
Current Approval
$129,091
Forgiveness Amount
$129,876
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Madsen Inc.
Address
108 2nd Ave West
City
Toledo
State
Iowa
ZIP Code
52342
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$129,091

Lender Information

Servicing Lender
The State Bank of Toledo
Originating Lender
The State Bank of Toledo

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