# PPP loan: MADISON TRUCK EQUIPMENT INC
> **$297K** approved 01/23/2021 · Paid in Full · Loan `4566568307`
## Borrower
- **Name:** MADISON TRUCK EQUIPMENT INC
- **Address:** 2410 S Stoughton Rd, Madison, WI, 53716-2858
- **NAICS:** 336211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $297K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Lake Ridge Bank
- **Servicing:** Lake Ridge Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*