# PPP loan: MADISON HOTEL PROPERTY INVESTMENT LLC
> **$708K** approved 02/16/2021 · Paid in Full · Loan `9113788401`
## Borrower
- **Name:** MADISON HOTEL PROPERTY INVESTMENT LLC
- **Address:** 801 Broad St Ste 200, Chattanooga, TN, 37402-2631
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $708K
- **Initial approval:** $708K
- **Forgiven:** $717K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $708K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*