# PPP loan: J.P. MADSON INC.
> **$545K** approved 01/22/2021 · Paid in Full · Loan `3364308307`
## Borrower
- **Name:** J.P. MADSON INC.
- **Address:** 4840 Ivywood Trl, McFarland, WI, 53558-9433
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $545K
- **Jobs reported:** 61
## Lender
- **Originating:** Oak Bank
- **Servicing:** Oak Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*