Macadam Company, Inc.

$1,661,500 PPP Loan in Malvern, Pennsylvania

Loan Details

Loan Number
3977187108
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,661,500
Current Approval
$1,661,500
Forgiveness Amount
$1,672,334
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Macadam Company, Inc.
Address
26 N. Bacton Hill Rd
ZIP Code
19355-1006
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$32.5M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$1,412,275
Rent
$132,920
Utilities
$33,230
Mortgage Interest
$83,075

Lender Information

Servicing Lender
Meridian Bank
Originating Lender
Meridian Bank

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