# PPP loan: DOWD MEDICAL ASSOCIATES
> **$541K** approved 04/27/2020 · Paid in Full · Loan `3550747209`
## Borrower
- **Name:** DOWD MEDICAL ASSOCIATES
- **Address:** 107 WOBURN STREET, READING, MA, 01867-2907
- **NAICS:** 621111
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Rent:** $135K
- **Jobs reported:** 29
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Leader Bank, National Association (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*