# PPP loan: MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A.
> **$1.25M** approved 05/01/2020 · Paid in Full · Loan `2672477705`
## Borrower
- **Name:** MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A.
- **Address:** 140 E HANOVER AVE, CEDAR KNOLLS, NJ, 07927
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $35K
- **Utilities:** $12K
- **Health care:** $122K
- **Jobs reported:** 65
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*