# PPP loan: MEDICAL RECOVERY SYSTEMS, INC
> **$637K** approved 05/01/2020 · Paid in Full · Loan `1258987803`
## Borrower
- **Name:** MEDICAL RECOVERY SYSTEMS, INC
- **Address:** 2055 READING ROAD, CINCINNATI, OH, 45202
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $637K
- **Initial approval:** $637K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $637K
- **Jobs reported:** 53
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*