Madison Electric Products, Inc.

$357,000 PPP Loan in Solon, Ohio

Loan Details

Loan Number
3929647110
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$357,000
Current Approval
$357,000
Forgiveness Amount
$358,966
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Madison Electric Products, Inc.
Address
30575 Bainbridge Road
City
Solon
State
Ohio
ZIP Code
44139-2200
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Unanswered
Jobs Reported
35
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
OH-07

Loan Use Breakdown

Payroll
$357,000

Lender Information

Servicing Lender
Keybank National Association
Originating Lender
Keybank National Association

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