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Timothy Madsen

$12,500 PPP Loan in Kalona, Iowa

Loan Details

Loan Number
1428748300
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$12,500
Current Approval
$12,500
Forgiveness Amount
$12,565
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Timothy Madsen
Address
1811 500th St SW
City
Kalona
State
Iowa
ZIP Code
52247-9249
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
1
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$12,497
Utilities
$1

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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