# PPP loan: NETMED TRANSCRIPTION SERVICES LLC
> **$174K** approved 01/22/2021 · Paid in Full · Loan `3991638300`
## Borrower
- **Name:** NETMED TRANSCRIPTION SERVICES LLC
- **Address:** 2604 Sunnyside Dr, Cadillac, MI, 49601-8749
- **NAICS:** 541990
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*