# PPP loan: NATIONAL MEDICAL ASSOCIATION
> **$155K** approved 05/23/2020 · Paid in Full · Loan `2502267807`
## Borrower
- **Name:** NATIONAL MEDICAL ASSOCIATION
- **Address:** 8403 COLESVILLE RD, SILVER SPRING, MD, 20910-3397
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 12
## Lender
- **Originating:** Industrial Bank
- **Servicing:** Industrial Bank (DC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*