# PPP loan: MADY INC
> **$194K** approved 04/07/2020 · Paid in Full · Loan `7597817005`
## Borrower
- **Name:** MADY INC
- **Address:** 35899 GREEN ST, NEW BALTIMORE, MI, 48047-2416
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 67
## Lender
- **Originating:** Eastern Michigan Bank
- **Servicing:** Eastern Michigan Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*