# PPP loan: MADISON TOOL AND DIE INC
> **$646K** approved 02/24/2021 · Paid in Full · Loan `3616998508`
## Borrower
- **Name:** MADISON TOOL AND DIE INC
- **Address:** 3000 Michigan Rd, Madison, IN, 47250-1801
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $646K
- **Initial approval:** $646K
- **Forgiven:** $650K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $646K
- **Utilities:** $1
- **Jobs reported:** 67
## Lender
- **Originating:** Jackson County Bank
- **Servicing:** Jackson County Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*