# PPP loan: MEDCO PLUMBING INC.
> **$2.25M** approved 04/29/2020 · Paid in Full · Loan `2143767300`
## Borrower
- **Name:** MEDCO PLUMBING INC.
- **Address:** 65-11 FRESH MEADOW LN, FRESH MEADOWS, NY, 11365-2011
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.25M
- **Initial approval:** $2.25M
- **Forgiven:** $2.27M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.25M
- **Jobs reported:** 89
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*