# PPP loan: MOTOR LODGE ASSOCIATES OF MADISON
> **$929K** approved 02/16/2021 · Paid in Full · Loan `9117848403`
## Borrower
- **Name:** MOTOR LODGE ASSOCIATES OF MADISON
- **Address:** 525 W Johnson St, Madison, WI, 53703-1916
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $929K
- **Initial approval:** $929K
- **Forgiven:** $933K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $929K
- **Utilities:** $1
- **Jobs reported:** 121
## Lender
- **Originating:** Settlers Bank
- **Servicing:** Wings Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*