# PPP loan: MADDEN BROTHERS, INC.
> **$1.98M** approved 01/16/2021 · Paid in Full · Loan `1009418301`
## Borrower
- **Name:** MADDEN BROTHERS, INC.
- **Address:** 11266 Pine Beach Peninsula Rd, Brainerd, MN, 56401-2080
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $1.99M (100%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.98M
- **Utilities:** $1
- **Jobs reported:** 234
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*