# PPP loan: MADISON HOSPITALITY MANAGEMENT LLC
> **$332K** approved 04/27/2020 · Charged Off · Loan `6085747206`
## Borrower
- **Name:** MADISON HOSPITALITY MANAGEMENT LLC
- **Address:** 410 PARK AVE STE 1630, NEW YORK, NY, 10022-9493
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $204K (61%)
- **Forgiveness date:** 02/24/2022
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $83K
- **Jobs reported:** 10
## Lender
- **Originating:** Interaudi Bank
- **Servicing:** Interaudi Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*