# PPP loan: MADISON AVENUE RETIREMENT CENTER
> **$317K** approved 01/25/2021 · Paid in Full · Loan `5499778304`
## Borrower
- **Name:** MADISON AVENUE RETIREMENT CENTER
- **Address:** 285 Madison Ave S, Bainbridge Island, WA, 98110-2576
- **NAICS:** 623312
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $317K
- **Jobs reported:** 50
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*