# PPP loan: MED ASSOCIATES INC.
> **$974K** approved 01/21/2021 · Paid in Full · Loan `3291438309`
## Borrower
- **Name:** MED ASSOCIATES INC.
- **Address:** 166 Industrial Park Rd, Fairfax, VT, 05454-4452
- **NAICS:** 541715
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 02/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $974K
- **Jobs reported:** 69
## Lender
- **Originating:** Peoples Trust Company of St. Albans
- **Servicing:** Peoples Trust Company of St. Albans (VT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*