# PPP loan: MADISON DEVELOPMENT CORPORATION
> **$172K** approved 04/06/2020 · Paid in Full · Loan `6092237008`
## Borrower
- **Name:** MADISON DEVELOPMENT CORPORATION
- **Address:** 550 W Washington Ave, MADISON, WI, 53703-2616
- **NAICS:** 522298
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 04/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 10
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*