# PPP loan: MEDINFORMATIX, INC.
> **$1.30M** approved 04/11/2020 · Paid in Full · Loan `3628277102`
## Borrower
- **Name:** MEDINFORMATIX, INC.
- **Address:** 5777 W. CENTURY BLVD Suite 1700, LOS ANGELES, CA, 90045-5450
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $39K
- **Health care:** $60K
- **Jobs reported:** 73
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*