On May 3, 2003, about 0900 central daylight time, a Piper PA-22-150, N175W, registered to and operated by a private individual, as a Title 14 CFR Part 91 personal flight, ground looped during landing at Madison, Mississippi. Visual meteorological conditions prevailed and no flight plan was filed. The private-rated pilot was not injured and the airplane incurred substantial damage. The flight originated the same day, about 0855. The pilot stated that he was performing touch-and-go landings, and had performed several with no problem. During his last touch-and-go landing, he said the left wheel came up off the runway, and as it again contacted the runway the airplane veered hard to the left. He said he tried to maintain control of the airplane, but while doing so, the right wheel rim dug into the asphalt further aggravating the ground loop. The airplane's right wing then impacted the runway surface, and its right main landing gear collapsed.