# PPP loan: F.W. MADIGAN COMPANY, INC.
> **$523K** approved 04/03/2020 · Paid in Full · Loan `4352777004`
## Borrower
- **Name:** F.W. MADIGAN COMPANY, INC.
- **Address:** 367 CHANDLER ST, WORCESTER, MA, 01602-3325
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Forgiven:** $527K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $523K
- **Jobs reported:** 31
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*