# PPP loan: MADISON STEEL INC
> **$493K** approved 04/13/2020 · Paid in Full · Loan `4449757103`
## Borrower
- **Name:** MADISON STEEL INC
- **Address:** 977 PONCE DE LEON AVE NE, ATLANTA, GA, 30306-4213
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $493K
- **Jobs reported:** 32
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*