# PPP loan: MEDEX TRANSPORTATION INC.
> **$224K** approved 01/19/2021 · Paid in Full · Loan `1742448302`
## Borrower
- **Name:** MEDEX TRANSPORTATION INC.
- **Address:** 660 Tennent Rd Ste 206, Manalapan, NJ, 07726-3163
- **NAICS:** 621910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $250K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*