# PPP loan: MADISON ELECTRIC PRODUCTS, INC.
> **$357K** approved 04/12/2020 · Paid in Full · Loan `3929647110`
## Borrower
- **Name:** MADISON ELECTRIC PRODUCTS, INC.
- **Address:** 30575 Bainbridge Road, SOLON, OH, 44139-2200
- **NAICS:** 334416
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Jobs reported:** 35
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*