# PPP loan: AL SHAAFI MEDICAL, P.C.
> **$527K** approved 04/15/2020 · Paid in Full · Loan `2246607203`
## Borrower
- **Name:** AL SHAAFI MEDICAL, P.C.
- **Address:** 5681 N ORACLE RD, TUCSON, AZ, 85704-3855
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $68K
- **Mortgage interest:** $11K
- **Utilities:** $5K
- **Debt interest:** $4K
- **Jobs reported:** 48
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*