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
- City
- Broomall
- State
- Pennsylvania
- 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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|---|---|---|
| M. Cohen and Sons, Inc. | $7,552,802 | |
| Brothers INC | $2,120,597 | |
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| Drummond Scientific Company | $1,792,100 |
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