Madison Chemical Co. Inc.

$1,318,500 PPP Loan in Madison, Indiana

Loan Details

Loan Number
7199177008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,318,500
Current Approval
$1,263,473
Forgiveness Amount
$1,279,881
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Madison Chemical Co. Inc.
Address
3141 Clifty Dr
State
Indiana
ZIP Code
47250-1661
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424610)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$18.8M
Rural/Urban
Rural
Congressional District
IN-09

Loan Use Breakdown

Payroll
$1,263,473

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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