# PPP loan: FLEXBAR MACHINE CORPORATION DBA MEDIFLEX
> **$485K** approved 04/16/2020 · Paid in Full · Loan `2807397202`
## Borrower
- **Name:** FLEXBAR MACHINE CORPORATION DBA MEDIFLEX
- **Address:** 250 GIBBS RD, ISLANDIA, NY, 11749
- **NAICS:** 339113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Rent:** $42K
- **Utilities:** $19K
- **Health care:** $31K
- **Debt interest:** $6K
- **Jobs reported:** 34
## 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*