# PPP loan: MEDICAL ARTS ASSOCIATES, LTD
> **$1.11M** approved 04/10/2020 · Paid in Full · Loan `1447267101`
## Borrower
- **Name:** MEDICAL ARTS ASSOCIATES, LTD
- **Address:** 600 John Deere Rd. Ste. 200 0.0, Moline, IL, 61265-6812
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $746K
- **Rent:** $222K
- **Health care:** $140K
- **Jobs reported:** 78
## 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*