# PPP loan: MADISON RESIDENTIAL DEVELOPMENT COMPANY
> **$218K** approved 04/08/2020 · Paid in Full · Loan `8816737000`
## Borrower
- **Name:** MADISON RESIDENTIAL DEVELOPMENT COMPANY
- **Address:** 1950 OLD GALLOWS RD Suite 200, VIENNA, VA, 22182-3989
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 14
## Lender
- **Originating:** John Marshall Bank
- **Servicing:** John Marshall Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*