Madsen, Inc.

$1,035,830 PPP Loan in Broomall, Pennsylvania

Loan Details

Loan Number
4326927106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,035,830
Current Approval
$1,035,830
Forgiveness Amount
$1,042,159
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Madsen, Inc.
Address
2901 Springfield Rd
ZIP Code
19008-1308
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$19.0M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$936,338
Rent
$18,462
Utilities
$4,776
Health Care
$76,254

Lender Information

Servicing Lender
Wilmington Savings Fund Society, Fsb
Originating Lender
Wilmington Savings Fund Society, Fsb

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