# PPP loan: MADISON SQUARE HOTEL LLC
> **$325K** approved 03/23/2021 · Paid in Full · Loan `6496498607`
## Borrower
- **Name:** MADISON SQUARE HOTEL LLC
- **Address:** 996 Reddoch Cv, Memphis, TN, 38119-3614
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $325K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*