# PPP loan: ARROYO OAKS MEDICAL ASSOCIATES, INC.
> **$414K** approved 04/15/2020 · Paid in Full · Loan `1940937203`
## Borrower
- **Name:** ARROYO OAKS MEDICAL ASSOCIATES, INC.
- **Address:** 2230 Lynn Rd Suite 200, THOUSAND OAKS, CA, 91360-1900
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $66K
- **Utilities:** $4K
- **Jobs reported:** 36
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*