# PPP loan: RONNY MEDAWAR & COMPANY INC.
> **$242K** approved 02/02/2021 · Paid in Full · Loan `1689688402`
## Borrower
- **Name:** RONNY MEDAWAR & COMPANY INC.
- **Address:** 122 E Ellen, FENTON, MI, 48430
- **NAICS:** 448310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*