# PPP loan: MADCON CORPORATION
> **$483K** approved 04/14/2020 · Paid in Full · Loan `7294997103`
## Borrower
- **Name:** MADCON CORPORATION
- **Address:** 63374 OLD MILITARY RD, PEARL RIVER, LA, 70452-6306
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 21
## Lender
- **Originating:** Plains State Bank
- **Servicing:** Plains State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*