# PPP loan: MEDICAL ASSOCIATES OF BOSWELL, INC
> **$194K** approved 04/16/2020 · Paid in Full · Loan `2986117204`
## Borrower
- **Name:** MEDICAL ASSOCIATES OF BOSWELL, INC
- **Address:** 430 Stoneycreek Ct., BOSWELL, PA, 15531-1024
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Mortgage interest:** $1K
- **Utilities:** $2K
- **Jobs reported:** 100
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*