Madcap Coffee

$494,592 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
2579718304
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$494,592
Current Approval
$494,592
Forgiveness Amount
$499,050
Forgiveness Date
Dec 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Madcap Coffee
Address
1041 Fulton St E
ZIP Code
49503-3608
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722515)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$494,588
Utilities
$1

Lender Information

Servicing Lender
Independent Bank
Originating Lender
Independent Bank

Other PPP Loans in Grand Rapids, MI

BusinessApproved
Feyen-Zylstra LLC$10,000,000NewBizBotAI Deep Dive
Hope Network$10,000,000NewBizBotAI Deep Dive
Pridgeon & Clay, Inc.$10,000,000NewBizBotAI Deep Dive
Fishbeck, Thompson, Carr & Huber, INC$8,673,460NewBizBotAI Deep Dive
Advanced Radiology, Pllc$8,461,762NewBizBotAI Deep Dive

Want to research this company further?