# PPP loan: CHILDREN'S MEDICAL GROUP, PA
> **$606K** approved 04/09/2020 · Paid in Full · Loan `1042387104`
## Borrower
- **Name:** CHILDREN'S MEDICAL GROUP, PA
- **Address:** 610 Providence Park Ste 201, MOBILE, AL, 36695
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $614K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Mortgage interest:** $116K
- **Utilities:** $5K
- **Jobs reported:** 78
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*