# PPP loan: MEDICAL GROUP OF RHODE ISLAND INC THE
> **$306K** approved 03/17/2021 · Paid in Full · Loan `3414608607`
## Borrower
- **Name:** MEDICAL GROUP OF RHODE ISLAND INC THE
- **Address:** 1050 Warwick Ave, Warwick, RI, 02888-3655
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $307K (100%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*