# PPP loan: FAIRMONT ORTHOPEDICS & SPORTS MEDICINE PA
> **$380K** approved 02/04/2021 · Paid in Full · Loan `3365878403`
## Borrower
- **Name:** FAIRMONT ORTHOPEDICS & SPORTS MEDICINE PA
- **Address:** 717 S State St Ste 900, Fairmont, MN, 56031-4469
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*