# PPP loan: MADISON AREA YMCA
> **$1.22M** approved 01/25/2021 · Paid in Full · Loan `5481568302`
## Borrower
- **Name:** MADISON AREA YMCA
- **Address:** 111 Kings Road, Madison, NJ, 07940
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 242
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*