# PPP loan: MEDACT BILLERS LLC
> **$272K** approved 04/29/2020 · Paid in Full · Loan `4238897306`
## Borrower
- **Name:** MEDACT BILLERS LLC
- **Address:** 3200 NW 62nd Ave, #407, Margate, FL, 33063-8303
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Jobs reported:** 37
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*