As part of the Paycheck Protection Program MADISON ACADEMY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MADISON ACADEMY


Loan Amount	$1,042,080
BusinessName	MADISON ACADEMY
Address	325 Slaughter Road
City	MADISON
State	AL
Zip	35758
NAICSCode	611110
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	125
DateApproved	04/11/2020
Lender	South State Bank, National Association
CD	AL-05
BusinessName.clean	MADISON ACADEMY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MADISON AREA REHAB CENTERS IN
MADISON AREA YMCA
MADISON ASBURY RETAIL
MADISON CHEMICAL CO
MADISON COMMERCIAL REAL ESTATE SERVICE