# PPP loan: MEDNET SOLUTIONS, INC.
> **$1.23M** approved 04/15/2020 · Paid in Full · Loan `1246687200`
## Borrower
- **Name:** MEDNET SOLUTIONS, INC.
- **Address:** 110 Cheshire Lane Suite 300, HOPKINS, MN, 55305-1070
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Health care:** $139K
- **Jobs reported:** 62
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*