# PPP loan: OFF MADISON AVE, LLC
> **$512K** approved 04/06/2020 · Paid in Full · Loan `5780487001`
## Borrower
- **Name:** OFF MADISON AVE, LLC
- **Address:** 5555 E VAN BUREN ST, SUITE 215, PHOENIX, AZ, 85008-3409
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Rent:** $55K
- **Utilities:** $2K
- **Jobs reported:** 21
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*