# PPP loan: MADDEN TIMBERLANDS INC
> **$199K** approved 04/11/2020 · Paid in Full · Loan `2675957103`
## Borrower
- **Name:** MADDEN TIMBERLANDS INC
- **Address:** 92 BEECHWOOD AVE, OLD TOWN, ME, 04468-9749
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 23
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*