Madison Mill, INC

$631,982 PPP Loan in Ashland City, Tennessee

Loan Details

Loan Number
4089167109
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$631,982
Current Approval
$631,982
Forgiveness Amount
$635,230
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Madison Mill, INC
Address
15 Bluegrass Drive
ZIP Code
37015-3934
Business Type
Corporation
Industry (NAICS)
Manufacturing (321999)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$81.3M
Rural/Urban
Rural
Congressional District
TN-07

Loan Use Breakdown

Payroll
$509,082
Rent
$44,900
Utilities
$56,000
Health Care
$2,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Capstar Bank, a Division of Old National Bank

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