# PPP loan: FORUM MEDICAL CLINIC, P.C.
> **$417K** approved 05/01/2020 · Paid in Full · Loan `1152397707`
## Borrower
- **Name:** FORUM MEDICAL CLINIC, P.C.
- **Address:** 43184 DEQUINDRE RD, STERLING HEIGHTS, MI, 48314
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $42K
- **Utilities:** $15K
- **Health care:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*