Madsen Builders INC

$423,750 PPP Loan in Fremont, California

Loan Details

Loan Number
7252897208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$423,750
Current Approval
$423,750
Forgiveness Amount
$430,240
Forgiveness Date
Nov 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Madsen Builders INC
Address
5236 Earle Street
ZIP Code
94536
Business Type
Corporation
Industry (NAICS)
Construction (238330)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$364,425
Rent
$33,900
Utilities
$16,950
Health Care
$8,475

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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