# PPP loan: DRS. CLACK, SPENCER, WHITE & MCCORMACK, P.A.
> **$1.08M** approved 04/27/2020 · Paid in Full · Loan `4327967207`
## Borrower
- **Name:** DRS. CLACK, SPENCER, WHITE & MCCORMACK, P.A.
- **Address:** 2001 Webber St., SARASOTA, FL, 34239-5237
- **NAICS:** 621111
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $982K
- **Rent:** $53K
- **Mortgage interest:** $14K
- **Utilities:** $27K
- **Jobs reported:** 93
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*