# PPP loan: MADISON AVENUE HOLDINGS LLC
> **$199K** approved 04/10/2020 · Paid in Full · Loan `2275597103`
## Borrower
- **Name:** MADISON AVENUE HOLDINGS LLC
- **Address:** 2125 MADISON AVE, MEMPHIS, TN, 38104-6501
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $202K (102%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $40K
- **Utilities:** $8K
- **Jobs reported:** 56
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*