# PPP loan: MEDPHARM CORPORATION
> **$280K** approved 04/15/2020 · Paid in Full · Loan `2108347210`
## Borrower
- **Name:** MEDPHARM CORPORATION
- **Address:** 138 KAYEN CHANDO, DEDEDO, GU, 96929-5900
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $12K
- **Jobs reported:** 33
## Lender
- **Originating:** Bank of Guam
- **Servicing:** Bank of Guam (GU)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*