# PPP loan: MADEM-MOORECRAFT REELS USA, INC.
> **$428K** approved 04/27/2020 · Paid in Full · Loan `6292367202`
## Borrower
- **Name:** MADEM-MOORECRAFT REELS USA, INC.
- **Address:** 3006 Anaconda Road, Tarboro, NC, 27886-8836
- **NAICS:** 321920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $428K
- **Jobs reported:** 66
## Lender
- **Originating:** Providence Bank
- **Servicing:** Providence Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*