# PPP loan: MADISONVILLE TIRE & RETREADING,INCORPORATED
> **$214K** approved 04/08/2020 · Paid in Full · Loan `8545687006`
## Borrower
- **Name:** MADISONVILLE TIRE & RETREADING,INCORPORATED
- **Address:** 48 Federal Street PO BOX 1593, MADISONVILLE, KY, 42431-0033
- **NAICS:** 441320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 29
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*