# PPP loan: NEW ENGLAND MEDICAL DESIGN INC
> **$250K** approved 03/18/2021 · Paid in Full · Loan `4343958603`
## Borrower
- **Name:** NEW ENGLAND MEDICAL DESIGN INC
- **Address:** 1 Virginia Ave Ste 202, Providence, RI, 02905-4444
- **NAICS:** 541310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 04/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 16
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*