# PPP loan: MONMOUTH MEDICAL ASSOCIATION P.C.
> **$210K** approved 02/03/2021 · Exemption 4 · Loan `2603718403`
## Borrower
- **Name:** MONMOUTH MEDICAL ASSOCIATION P.C.
- **Address:** 285 Parker Rd, Eatontown, NJ, 07724-9621
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $198K (94%)
- **Forgiveness date:** 06/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*