# PPP loan: MADISON HAYWOOD DEVELOPMENTAL SERVICES, INC.
> **$2.66M** approved 04/10/2020 · Paid in Full · Loan `2361087110`
## Borrower
- **Name:** MADISON HAYWOOD DEVELOPMENTAL SERVICES, INC.
- **Address:** 38 GARLAND DR, JACKSON, TN, 38305-3602
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.66M
- **Initial approval:** $2.66M
- **Forgiven:** $2.69M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.59M
- **Mortgage interest:** $34K
- **Utilities:** $36K
- **Jobs reported:** 500
## Lender
- **Originating:** Decatur County Bank
- **Servicing:** Decatur County Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*