# PPP loan: MADER'S GERMAN RESTAURANT INC.
> **$500K** approved 01/17/2021 · Paid in Full · Loan `1480478310`
## Borrower
- **Name:** MADER'S GERMAN RESTAURANT INC.
- **Address:** 1037 N Old World 3rd St, Milwaukee, WI, 53203-1301
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 158
## Lender
- **Originating:** SouthernTrust Bank
- **Servicing:** SouthernTrust Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*