# PPP loan: SHOALS PEDIATRIC GROUP, PC
> **$204K** approved 04/11/2020 · Paid in Full · Loan `2881377107`
## Borrower
- **Name:** SHOALS PEDIATRIC GROUP, PC
- **Address:** 208 ANA DR, FLORENCE, AL, 35630-1750
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $20K
- **Utilities:** $3K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*