# PPP loan: MED ASSOCIATES, INC
> **$984K** approved 04/03/2020 · Paid in Full · Loan `4436507001`
## Borrower
- **Name:** MED ASSOCIATES, INC
- **Address:** 166 Industrial Park Road, FAIRFAX, VT, 05454-4452
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $984K
- **Initial approval:** $984K
- **Forgiven:** $990K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $984K
- **Jobs reported:** 73
## Lender
- **Originating:** Peoples Trust Company of St. Albans
- **Servicing:** Peoples Trust Company of St. Albans (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*